Question : Small Industries Development Bank of India (SIDBI) is regulated by____________.
Option 1: Indian Bank
Option 2: Reserve Bank of India
Option 3: ICICI Bank
Option 4: State Bank of India
Correct Answer: Reserve Bank of India
Solution : The correct answer is the Reserve Bank of India .
One of the four All India Financial Institutions under the Reserve Bank of India (RBI) regulation is SIDBI. SIDBI was set up in 1990, and its headquarters are in Lucknow. The National Bank for Agriculture and Rural Development (NABARD), the National Housing Bank (NHB), and the Export-Import Bank of India (Exim Bank) are the other three.
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