RBI Grade B Officer (General / DEPR / DSIM) 2025 · Question 230 of 259

- Read the passage given below and answer the following questions: To address the need for a long-term capital provider with a comprehensive, cross-sectoral mandate, unlike the niche-focused mandates of other Development Finance Institutions (DFIs), the________was established as an infrastructure-focused DFI. The________accorded it the status of an All-India Financial Institution (AIFI) on 8 March 2022, making it the fifth AIFI in India. It pursues both financial and developmental objectives. Its financial objective is to lend or invest, directly or indirectly, in infrastructure projects and to catalyse investments from private sector and institutional investors, thereby supporting sustainable economic development. Its developmental objective is to coordinate with the central and state governments, regulators, financial institutions, institutional investors, and other relevant stakeholders to strengthen the infrastructure financing ecosystem. (This is a recreated passage and not the exact one asked in the exam) Which of the following organization is being referred to in the above paragraph?

Sustainable Development

1. AA. National Bank for Agriculture and Rural Development (NABARD)
2. BB. Infrastructure Development Finance Company (IDFC)
3. CC. National Bank for Financing Infrastructure and Development (NaBFID)Correct
4. DD. Small Industries Development Bank of India (SIDBI)
5. EE. Industrial Development Bank of India (IDBI Bank)