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What is the primary mission of SIDBI?

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Question

What is the primary mission of SIDBI?

Options

  • Regulate stock markets.

  • Support and develop MSMEs in India.

  • Control foreign exchange.

  • Finance only large corporations.

MCQ
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Solution

Support and develop MSMEs in India.

Explanation:

SIDBI was established to promote, support, and develop Micro, Small, and Medium Enterprises in India.

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