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Which of the ...

Question

Which of the following organisations has been established mainly to promote micro, small and medium industrial sector in India?

A

NABARD

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B

SIDBI

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C

IDBI Bank

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D

EXIM Bank

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Solution

The correct option is A SIDBI
Small industrial Development Bank of India is a development financial institution in India, headquartered at Lucknow and having its offices all over the country. SIDBI is the Primary Financial Institution for promoting, developing and financing MSME (Micro, Small and Medium Enterprise) sector

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