Question : Arrange the following Development Financial Institutions (DFI) in the correct chronological order, according to the year they were set up.

(i) Industrial Credit and Investment Corporation of India (ICICI)

(ii) Industrial Development Bank of India (IDBI)

(iii) Industrial Finance Corporation of India (IFCI)

Option 1: (i)-(iii)-(ii)

Option 2: (iii)-(i)-(ii)

Option 3: (ii)-(i)-(iii)

Option 4: (i)-(ii)-(iii)

Question : The first Finance Commission of India was set up in the year:

Option 1: 1956

Option 2: 1965

Option 3: 1951

Option 4: 1948