Multiple choice

Which of the following institutions provide(s) long run finance to industries?

  1. UTI

  2. LIC

  3. GIC

  4. All of the above

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

UTI (Unit Trust of India), LIC (Life Insurance Corporation), and GIC (General Insurance Corporation) are all major financial institutions in India that provide long-term capital and credit to industrial sectors.