Which of the followingis the oldest development financing institution?
a. small businessfinance corporation
b. khushhalibank
c. regional developmentfinance corporation
d. industrialdevelopment bank of pakistan

Industrial Development Bank of Pakistan

Explanation:

Industrial Development Bank of Pakistan- It is one of the oldest financing bank and was founded in 1961.It is situated in Karachi,sindh pakistan. Objective -Extending the duration of investment finance in the economy's manufacturing sector.

Khushhali Bank- It was established in 2000 as a strategy for poverty reduction and  Microfinance Sector Development Program (MSDP) by the Government of the Islamic Republic of Pakistan.

Small Business Finance Corporation- The Government of Pakistan created the Small Business Finance Corporation (SBFC) through a Parliament Act in 1972. The goal was to help tiny entrepreneurs in self-employment and the establishment of the cottage industry.

Regional Development Finance Corporation- This Regional Development Finance Corporation Ordinance may be referred to as 1985. It extends to Pakistan as a whole and also applies to the company of the company operating outside Pakistan and the individuals carrying out such company.

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