Question: Who amongst the following has recently been appointed as new managing director and chief executive officer of IFCI Ltd, by the Central Government?
(a) Malay Mukherjee
(b) E. Shankara Rao
(c) Deepak Gupta
(d) Prannoy Roy
Ans: (b)
Related facts:-
- On August 14th, 2017, the Central Government has appointed E. Shankara Rao as the new managing director (MD) and chief executive officer (CEO) of IFCI Ltd.
- It is known that IFCI (Formerly Indian Industrial Finance Corporation) was established on July 1st, 1948 as the first Development Financial Institution in the country to cater to the long-term finance needs of the industrial sector.
Reference:
http://www.thehindubusinessline.com/news/sankara-rao-to-be-ifci-chief-executive/article9818079.ece
https://bureaucracytoday.com/top_news.aspx?id=196476
https://www.ifciltd.com/?q=content/what-we-are