Question

Match the following:

A) EXIM Bank P) Refinance

B) SIDBI Q) Rating Agency

C) NHB R) Trade Finance

D) SMERA S) Owned by Government of India

A A-P, B-S, C-R, D-Q Correct Answer Incorrect Answer
B A-R, B-P, C-S, D-Q Correct Answer Incorrect Answer
C A-R, B-S, C-Q, D-P Correct Answer Incorrect Answer
D A-Q, B-R, C-P, D-S Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

Export-Import Bank of India (EXIM Bank), wholly owned by GOI, set up in 1982, for financing foreign trade of India. Small Industries Development Bank of India (SIDBI), set up on April 2, 1990, finances Micro, Small and Medium Enterprise (MSME) National Housing Bank (NHB) was set up by an Act of Parliament in 1987. NHB registers, regulates and supervises Housing Finance Company (HFCs). NHB is owned by GOI. SMERA, operational from September, 2005, is a third-party credit rating agency exclusively set up for MSMEs.

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