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      Question

      Recently SIDBI and Small and Medium Enterprises General

      Authority of the which gulf country have signed an MoU to develop micro, small and medium enterprises (MSMEs) and their ecosystem?
      A Kuwait Correct Answer Incorrect Answer
      B UAE Correct Answer Incorrect Answer
      C Saudi Arabia Correct Answer Incorrect Answer
      D Qatar Correct Answer Incorrect Answer
      E Yamen Correct Answer Incorrect Answer

      Solution

      Small Industries Development Bank of India (SIDBI) and Small and Medium Enterprises General Authority of the Kingdom of Saudi Arabia (also known as Monsha’at) have signed an MoU to develop micro, small and medium enterprises (MSMEs) and their ecosystem, in both the countries. The collaboration with SIDBI would help SME Bank drive the business journeys of SMEs by providing diverse digital financial products.

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