Multiple choice general knowledge

What is expansion of "ICICI?"

  1. Income credit and Investments Company of India

  2. Industrial common all Investments Corporation of India

  3. Industrial credit and Investments Corporation of India

  4. Industrial credit and Income Corporation of India

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

ICICI stands for 'Industrial Credit and Investment Corporation of India' - established in 1955 as a joint-venture between the World Bank and Indian government to provide project financing. Later it became ICICI Bank. Options A, B, and D incorrectly substitute 'Income', 'common', or other words that don't match the actual expansion. The correct expansion uses 'credit' not 'income' or 'common'.