Question : Small Industries Development Bank of India (SIDBI) is regulated by ______.
Option 1: State Bank of India
Option 2: Indian Bank
Option 3: Reserve Bank of India
Option 4: ICICI Bank
Correct Answer: Reserve Bank of India
Solution : The correct option is the Reserve Bank of India .
The Small Industries Development Bank of India (SIDBI) is regulated by the Reserve Bank of India (RBI). Established in 1990, SIDBI serves as the principal financial institution for the promotion, financing and development of micro, small and medium enterprises (MSMEs) in India, supporting their growth and sustainability.
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