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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


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Team Careers360 20th Jan, 2024
Answer (1)
Team Careers360 22nd Jan, 2024

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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