Q78
Read the following statements and choose the correct answer: Statement I: Small Industry Development Bank of India (SIDBl) was set-up as a wholly owned subsidiary of RBI. Statement II: SIDBI has taken over the responsibility of administering small industry development fund managed by IDBI.
A.
Only I is correct
B.
Only II is correct
AnswerC.
Both I and II are correct
D.
Both I and II are incorrect
Answer: Option B
Solution
Answer: Option B
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