What is the primary responsibility of SIDBI in the MUDRA

Q: Answer-What is the primary responsibility of SIDBI in the MUDRA scheme?

The primary responsibility of SIDBI Small Industries Development Bank of India in the MUDRA scheme is to provide refinancing facilities to banks and microfinance institutions. SIDBI plays a crucial role in facilitating the flow of funds to micro-enterprises by supporting the financial intermediaries.

scheme?

A Providing refinancing facilities to banks and microfinance institutions Correct Answer Incorrect Answer

B Distributing loans directly to MSMEs Correct Answer Incorrect Answer

C Setting up infrastructure for digital lending platforms Correct Answer Incorrect Answer

D Offering interest rate subsidies to small enterprises Correct Answer Incorrect Answer

E Developing the policy framework for MUDRA scheme implementation Correct Answer Incorrect Answer

Solution

The primary responsibility of SIDBI (Small Industries Development Bank of India) in the MUDRA scheme is to provide refinancing facilities to banks and microfinance institutions. SIDBI plays a crucial role in facilitating the flow of funds to micro-enterprises by supporting the financial intermediaries.

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