2016
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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SIDBI stands for
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State Industries Development Bank of India
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Small Industries Development Bank of India
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Small Industries Bank of India
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small industries development bank indonesia
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Explanation:
Detailed explanation-1: -Shri Sivasubramanian Ramann takes charge as Chairman and Managing Director of SIDBI.
Detailed explanation-2: -The objectives of SIDBI are giving financial aid to MSMEs, refinancing banks and financial institutions, regulating the micro, small and medium enterprise financial companies, facilitating technology modernisation & upgradation .
Detailed explanation-3: -SIDBI is a statutory body established in 1990 through an Act of Parliament. SIDBI functions under the Ministry of Finance, Government of India. SIDBI is the apex body which regulates and gives licenses to Micro, Small and Medium Enterprises Finance Companies.
There is 1 question to complete.