Multiple choice

Match the following ||| |---|---| | List - I (Financial Institutions)| List - II (Nature of activity)| | (a) ECGC| (i) Re-insurance| | (b) GIC| (ii) Housing Development| | (c) HUDCO| (iii) A private bank| | (d) ICICI Bank| (iv) Trade|

  1. (a)-(iv), (b)-(i), (c)-(ii), (d)-(iii)

  2. (a)-(iv), (b)-(ii), (c)-(i), (d)-(iii)

  3. (a)-(i), (b)-(iv), (c)-(ii), (d)-(iii)

  4. (a)-(iv), (b)-(ii), (c)-(ii), (d)-(iii)

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

ECGC (Export Credit Guarantee Corporation) provides trade-related services including export insurance, matching with trade. GIC (General Insurance Corporation) handles reinsurance operations. HUDCO (Housing and Urban Development Corporation) focuses on housing development. ICICI Bank is indeed a private sector bank, not a public sector institution. The matching in option A correctly pairs each institution with its primary function.