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Sources of Business Finance — Business Studies STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceBusiness StudiesSources of Business Finance1 Mark
Question
Specify the objective of I.D.B.I.
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Answer

Its objective was to coordinate the activities of other financial institutions include commercial banks. The bank performs three types of functions namely, assistance other financial institutions, direct assistance to industrial concerns and promotion and coordination of financial technique service.

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