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In which year was the Industrial Development Bank of India (IDBI) established?

easy Q11 of 15
Static GK - Organizations & Headquarters
In which year was the Industrial Development Bank of India (IDBI) established?
A1956
B1964
C1975
D1988
Step-by-Step Solution
  1. Step 1: Identify the organisation

    The question asks about the establishment year of IDBI, a key development bank for industrial financing in India.
  2. Step 2: Recall the year of establishment

    IDBI was established in 1964 to provide credit and support for industrial development in India.
  3. Final Answer:

    1964 → Option B
  4. Quick Check:

    Industrial Development Bank of India established = 1964 ✅
Quick Trick: Remember IDBI as the oldest among IDBI, NHAI, SIDBI.
Common Mistakes:
MISTAKES
  • Confusing IDBI's year with NHAI (1988) or SIDBI (1990).
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