Question : SIDBI stands for :
Option 1: small industrial designed Bank of India
Option 2: Small industries development Bank of India
Option 3: Small innovations development banker's institute
Option 4: small industries development Banker institute
Correct Answer: Small industries development Bank of India
Solution : The correct option is Small industries development Bank of India.
SIDBI stands for Small Industries Development Bank of India. The main goals of SIDBI are to develop, finance, and promote small-scale businesses in India. To aid in the growth and development of small and medium-sized businesses (SMEs) across the nation, it offers a variety of financial and support services.
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