2016
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Small Industries of Development Bank India
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Small Industries Development Bank of India
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Small Industries Development of Bank India
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Small of Industries Development of Bank India
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Detailed explanation-1: -SIDBI stands for Small Industries Development Bank of India.
Detailed explanation-2: -Small Industries Development Bank of India(SIDBI)
Detailed explanation-3: -Small Industries Development Bank of India (SIDBI) is an independent financial institution aimed at aiding the growth and development of Micro, Small and Medium Enterprises (MSMEs) which contribute significantly to the national economy in terms of production, employment and exports.
Detailed explanation-4: -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-5: -The head office of SIDBI is situated at Lucknow. Presently SIDBI has 5 zonal offices and around 90 branches. As on March 31, 2000, the authorised capital of SIDBI is Rs. 1, 000 Cr.