The Industrial Development Bank of India (IDBI) was established in

1st July, 1954
1st July, 1964
1st April, 1964
None of the above

The correct answer is: D. None of the above

The Industrial Development Bank of India (IDBI) was established on 2nd July, 1964. It is a wholly-owned subsidiary of the Government of India and is the largest development financial institution in India. IDBI provides financial assistance to industrial enterprises in the form of loans, guarantees, and equity participation. It also provides advisory services to enterprises on a variety of issues, including project planning, financing, and marketing.

Option A is incorrect because the Industrial Development Bank of India (IDBI) was established on 2nd July, 1964, not 1st July, 1954.

Option B is incorrect because the Industrial Development Bank of India (IDBI) was established on 2nd July, 1964, not 1st July, 1964.

Option C is incorrect because the Industrial Development Bank of India (IDBI) was established on 2nd July, 1964, not 1st April, 1964.