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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


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Answer (1)
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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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