2021
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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World Bank
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SBI
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ADB
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SIDBI
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Detailed explanation-1: -Prayaas Scheme of SIDBI Disbursed More Than 276 Crore Loans to 18000 Small Entrepreneurs. Disbursement of over 276 crore loans to more than 18000 small entrepreneurs is recorded under the Prayaas Scheme of Small Industries Development Bank of India (SIDBI).
Detailed explanation-2: -SIDBI offers Working Capital Assistance, Term Loan Assistance, Foreign Currency Loan, Support against Receivables, equity support, Energy Saving scheme for the MSME sector, etc. under its various direct finance loan schemes.
Detailed explanation-3: -Role of SIDBI 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.