Question : Which of the following is a function of the Small Industries Development Bank of India (SIDBI)?
Option 1: Providing credit facilities to small industries
Option 2: Regulating the securities market
Option 3: Regulating the functioning of commercial banks
Option 4: None of the above
Correct Answer: Providing credit facilities to small industries
Solution : The correct answer is (a) Providing credit facilities to small industries
The Small Industries Development Bank of India (SIDBI) is a financial institution in India that primarily focuses on providing financial and developmental support to small-scale industries. Its main function is to provide credit facilities, including loans, to small industries to meet their financial requirements for growth and expansion. SIDBI plays a crucial role in promoting and financing the development of small businesses in India.
College Comparison based on Courses, Placement, Rank, Fee
Question : Which of the following is not a function of the Securities and Exchange Board of India (SEBI)?
Question : Which of the following is a function of the Securities and Exchange Board of India (SEBI)?
Question : Which of the following is a function of the Reserve Bank of India (RBI)?
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile