BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Small Industries Development Bank of India or SIDBI is the principal development financial institution in India headquartered at Lucknow with branches all over India. Who is Chairman of SIDBI?

A	Mohammad Mustafa
B	Dr Kshatrapati Shivaji
C	TS Vijayan
D	RS Sharma

Explanation:

Detailed explanation-1: -Shri Sivasubramanian Ramann He joined as Chairman & Managing Director, Small Industries Development Bank of India (SIDBI) from 19th April 2021. Before joining SIDBI, he was MD & CEO of National E-Governance Services Limited (NeSL) from December 2016.

Detailed explanation-2: -SIDBI is mandated to serve as the Principal Financial Institution for executing the triple agenda of promotion, financing and development of the MSME sector and coordination of the functions of the various Institutions engaged in similar activities.

Detailed explanation-3: -SIDBI is the Principal Financial Institution engaged in promotion, financing & development of the Micro, Small and Medium Enterprises (MSMEs) sector and coordination of the functions of the various institutions engaged in similar activities.

Detailed explanation-4: -ATMA RAM HOUSE, 1 Tolstoy Marg, New Delhi-110001.

There is 1 question to complete.