History of Small Industries Development Bank of India (SIDBI)
8 Questions
3 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

What is the main role of Small Industries Development Bank of India (SIDBI) according to the text?

  • To provide housing loans to individuals
  • To regulate the banking industry in India
  • To promote, finance, and develop the Micro, Small and Medium Enterprise (MSME) sector (correct)
  • To manage the stock market investments

    • Which Act established Small Industries Development Bank of India (SIDBI)?

  • SIDBI Act, 1989 (correct)
  • SIDBI Amendment Act, 2000
  • Reserve Bank of India Act, 1934
  • Indian Banking Regulation Act, 1949

    • Who are the three largest shareholders of SIDBI according to the text?

  • State Bank of India, IDBI Bank Ltd., Government of India (correct)
  • State Bank of India, ICICI Bank, HDFC Bank
  • Bank of Baroda, Union Bank of India, Bank of India
  • IDBI Bank Ltd., Punjab National Bank, Canara Bank

    • Where is the headquarters of Small Industries Development Bank of India (SIDBI) located?

    <p>Lucknow</p> Signup and view all the answers

    What is the criteria for classifying Micro, Small and Medium Enterprises (MSME) under the MSMED Act, 2006?

    <p>Investment in Plant &amp; Machinery</p> Signup and view all the answers

    What is the primary business strategy of SIDBI towards MSMEs?

    <p>Addressing financial and non-financial gaps in the MSME ecosystem</p> Signup and view all the answers

    In what areas does SIDBI provide direct finance to MSMEs?

    <p>Risk capital, sustainable finance</p> Signup and view all the answers

    Which of the following is NOT one of the objectives set out in the SIDBI Charter?

    <p>Regulation of MSMEs</p> Signup and view all the answers

    More Like This

    Use Quizgecko on...
    Browser
    Open
    Browser
    Browser