Arrange the following institutions in chronology order. 1. SEBI (Securities Exchange Board of India), 1988 2. Board for Industrial and Financial Reconstruction (BIFR) 3. EXIM Bank 4. National Stock Exchange

The correct answer is: C. 3, 2, 1, 4

The EXIM Bank was established in 1982, the BIFR was established in 1985, the SEBI was established in 1988, and the National Stock Exchange was established in 1992.

The EXIM Bank is a state-owned financial institution that provides export and import finance to Indian businesses. The BIFR is a government agency that is responsible for

restructuring and rehabilitating sick industrial companies. The SEBI is a regulatory body that is responsible for the regulation of the securities market in India. The National Stock Exchange is the largest stock exchange in India.

Here is a brief explanation of each option:

• Option A: 4, 1, 2, 3 is incorrect because the EXIM Bank was established in 1982, which is before the SEBI was established in 1988.
• Option B: 3, 1, 2, 4 is incorrect because the BIFR was established in 1985, which is before the SEBI was established in 1988.
• Option C: 3, 2, 1, 4 is correct because the EXIM Bank was established in 1982, the
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  BIFR was established in 1985, the SEBI was established in 1988, and the National Stock Exchange was established in 1992.
• Option D: 4, 2, 1, 3 is incorrect because the National Stock Exchange was established in 1992, which is after the SEBI was established in 1988.