17 Views

Question : Which of the following institutions provides credit for small and medium enterprises in India?

 

Option 1: Reserve Bank of India (RBI)
 

 

Option 2: National Bank for Agriculture and Rural Development (NABARD)
 

Option 3: Small Industries Development Bank of India (SIDBI)

 

Option 4: None of the above


Recommended : Get important details about BEL First Grade College, Bangalore. Download Brochure
Team Careers360 25th Jan, 2024
Answer (1)
Team Careers360 26th Jan, 2024

Correct Answer: Small Industries Development Bank of India (SIDBI)


Solution : c). Small Industries Development Bank of India (SIDBI)

The correct answer is c). Small Industries Development Bank of India (SIDBI). SIDBI is a specialized financial institution in India that focuses on providing credit and financial support to small and medium enterprises (SMEs). It offers various loan products, credit facilities, and developmental services to assist SMEs in their growth and development. SIDBI plays a crucial role in promoting entrepreneurship and supporting the MSME (Micro, Small, and Medium Enterprises) sector in India. The Reserve Bank of India (RBI) is the central bank of India, responsible for monetary policy and overall regulation of the banking system. The National Bank for Agriculture and Rural Development (NABARD) primarily provides credit and financial support for agriculture and rural development.

Compare Colleges

College Comparison based on Courses, Placement, Rank, Fee

Compare Now

Know More About

Related Questions

UPES Dehradun | B.Com Admissi...
Apply
#41 in NIRF | Highest Package 1.3 CR, Ranked #1 in Academic Reputation in India by QS World University Rankings
Shoolini University Admission...
Apply
NAAC A+ Grade | Ranked No.1 Private University in India (QS World University Rankings 2025) | 5000+ Placements
Amity University BA Admission...
Apply
Ranked amongst the top 3% of universities globally (QS Rankings)
Amity University, Noida B.Com...
Apply
Ranked as India’s #1 Not for profit pvt. University by India Today
DBS Global University B.Com A...
Apply
Recruiters: TCS, Wipro, HCL, Infosys, Tech Mahindra etc | Scholarships available
UPES Dehradun BCA Admissions ...
Apply
Ranked #46 Among Universities in India by NIRF | 1950+ Students Placed 91% Placement, 590+ Recruiters
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books