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प्रश्न
Justify the following statement.
SIDBI provides different types of financial and non-financial services through its subsidiaries.
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उत्तर
The following are the subsidiaries of SIDBI that provides financial and non-financial services:
- SIDBI Venture Capital Ltd. provides venture capital to emerging sectors, such as life sciences, biotechnology, pharmaceuticals, engineering, and information technology.
- Credit Guarantee Fund Trust for Micro and Small Enterprises is a trust to implement the Credit Guarantee Scheme through which credit faculties are extended without third party guarantee on collateral security by eligible lending banks/financial institutions.
- SME Rating Agency of India Ltd. was set up by SIDBI, Dum & Bradstreet Information Services India Pvt. Ltd. and several public, private and foreign sector banks as an MSME. It is a dedicated third-party rating agency and prov1de comprehensive, transparent, and reliable ratings and risk profiling.
- India SME Technology Services Limited is a platform where MSME’s can tap global opportunities for acquiring new emerging technologies and establish business collaborations.
- India SME Asset Reconstruction Company Ltd. is an asset reconstruction company. It acquires non-performing assets and tries to resolve them through its innovative mechanisms. It especially focuses on the non-performing assets of the MSME sector.
- Micro Units Development and Refinance Agency is established for ‘funding the unfunded’ micro-enterprises in the country.
- Thus, SIDBI provides different types of financial and non-financial services through its subsidiaries.
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संबंधित प्रश्न
Select the correct Option and rewrite the sentence.
Small Industrial Development Bank of India (SIDBI) was established in ___________
Select the correct Option and rewrite the sentence.
SIDBI was established under the Small Industrial Development Bank of India. Act, ___________
Select the correct Option and rewrite the sentence.
___________ is Principal Financial Institution for Promotion, the Micro, Small and Medium Enterprise (MSME) sector 1n India.
Give one word/phrase/term:
Principal Financial institution of promotion of the Micro, Small and Medium Enterprise (MSME) sector in India.
Give one word/phrase/term:
Wholly owned subsidiary of IDBI was set up in July 1999, is providing venture capital.
State True or False.
Small Industrial Development Bank was established on 2nd April, 1990.
State True or False.
SIDBI, Startup Mitra scheme is launched on March 17, 2016.
Complete the sentence.
Micro, Small and Medium Enterprises (MSMEs) are focused domains for _________.
Complete the sentence.
SIDBI is established to provide short-term and long-term finance to ________.
Select the correct option.
| A | B |
| SIDBI | __________ |
Correct the underlined word and rewrite the following sentence.
SIDBI is established to provide only long -term finance to the MSME’s.
Justify the following statement.
SIDBI acts as an institute for the promotion of MSMEs
Answer the following:
Write important features of SIDBI.
What is the primary mission of SIDBI?
Which of the following is a distinctive feature of SIDBI?
