GK
INDIAN ECONOMY
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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) was established in :
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1986
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1987
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1988
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1989
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Explanation:
Detailed explanation-1: -Small Industries Development Bank of India (SIDBI) was established under an Act of the Parliament in 1990.
Detailed explanation-2: -Small Industries Development Bank of India has been established under an Act of the Parliament in 1990.
Detailed explanation-3: -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.
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