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Q:

Which year was the Industrial Reconstruction Bank of India established in?

  • 1
    1990
  • 2
    1992
  • 3
    1985
  • 4
    1975
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Answer : 3. "1985"
Explanation :

The Industrial Reconstruction Corporation of India Limited (IRCI), established in 1971 for the rehabilitation of sick industrial companies, was reorganized as the Industrial Reconstruction Bank of India (IRBI) in 1985 under the IRBI Act, 1984.

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