New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    What is one of the major objectives of SIDBI?

    A Principal Financial Institution for promotion, financing and development of Agriculture sector in India Correct Answer Incorrect Answer
    B Principal Financial Institution for promotion, financing and development of Housing sector in India Correct Answer Incorrect Answer
    C Principal Financial Institution for promotion, financing and development of Export sector in India Correct Answer Incorrect Answer
    D Principal Financial Institution for promotion, financing and development of MSME sector in India Correct Answer Incorrect Answer
    E Principal Financial Institution for promotion, financing and development of infrastructure sector in India Correct Answer Incorrect Answer

    Solution

    SIDBI acts as the Principal Financial Institution for the Promotion, Financing and Development of the Micro, Small and Medium Enterprise (MSME) sector and for Co-ordination of the functions of the institutions engaged in similar activities.

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