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Question

SIDBI is set up in ____ as a wholly owned subsidiary of ______.

A
1985 - EXIM
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B
1969 - RRBS
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C
1975 - IFCI
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D
1990 - IDBI
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Solution

The correct option is C 1990 - IDBI
The SIDBI (Small Industries Development Bank of India) is a wholly owned subsidiary of IDBI (Industrial Development Bank of India), established under the special Act of the Parliament 1988 which became operative from April 2, 1990.

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