BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following institution is meant for small and medium enterprises?
A
RBI
B
SIDBI
C
IFCI
D
NABARD
Explanation: 

Detailed explanation-1: -SIDBI is the principal development financial institution for the promotion, financing, and development of the Micro, Small, and Medium Enterprises (MSME) sector in India. Hence, Option 3 is correct.

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