📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

  • google app store apple app store
  • âś–

      Question

      The Union Cabinet approved an equity infusion of how

      much amount into SIDBI to support MSME credit expansion?  
      A ₹3,000 crore Correct Answer Incorrect Answer
      B ₹4,000 crore Correct Answer Incorrect Answer
      C ₹5,000 crore Correct Answer Incorrect Answer
      D ₹6,500 crore Correct Answer Incorrect Answer
      E ₹7,000 crore Correct Answer Incorrect Answer

      Solution

      Explanation:  
      The Union Cabinet approved an  equity infusion of ₹5,000 crore into the Small Industries Development Bank of India (SIDBI) . The  objective  is to expand credit availability to MSMEs and strengthen SIDBI’s balance sheet. The infusion will be made in  three tranches between FY 2025–26 and FY 2027–28 .  

      Practice Next

      Relevant for Exams:

      ask-question