Which one of the following financial institutions coordinates the functions and operations of all the financial institutions into a single integrated financial structure so that each may contribute to the growth of the economy?

IFCI
UTI
IDBI
SIDBI

The correct answer is C. IDBI.

The Industrial Development Bank of India (IDBI) is a state-owned financial institution in India. It was established in 1964 to provide financial assistance to industrial enterprises in India. IDBI is the largest development financial institution in India and has a network of over 100 branches and offices across the country.

IDBI coordinates the functions and operations of all the financial institutions into a single integrated financial structure so that each may contribute to the growth of the economy. It does this by providing financial assistance to industrial enterprises, promoting industrial development, and coordinating the activities of other financial institutions.

IFCI is a non-banking financial company that provides financial assistance to industrial enterprises. UTI is a mutual fund that invests in a variety of assets, including stocks, bonds, and real estate. SIDBI is a financial institution that provides financial assistance to small and medium enterprises.

All of these institutions play an important role in the Indian economy. However, IDBI is the only institution that coordinates the functions and operations of all the financial institutions into a single integrated financial structure.

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