GK
BANKING AWARENESS AND SEBI
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Small Industries Development Bank of India (SIDBI) provides refinance facilities under ARS. What is the full form of ARS?
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Automatic Refinance Solution
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Automatic Refinance Scheme
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Allocation and Refinance Scheme
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Allocation and Refinance Solutions
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Explanation:
Detailed explanation-1: -Small Industries Development Bank of India(SIDBI) | Department of Financial Services | Ministry of Finance | Government of India.
Detailed explanation-2: -Synopsis. Scheduled Banks are eligible for financial support by SIDBI under various refinance schemes.
Detailed explanation-3: -✔What are the types of finance offered by SIDBI? SIDBI offers Working Capital Assistance, Term Loan Assistance, Foreign Currency Loan, Support against Receivables, Equity Support, Energy Saving scheme for the MSME sector.
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