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Commerce · Q43

Banking and Financial Institutions

Graduate and Post Graduate · Commerce · question 43

Q43

SIDBI was set-up as a subsidiary of IDBI to

A.
Takeover the functions of small business financing of IDBI
Answer
B.
Takeover the venture capital operations of ICICI
C.
Reconstruct and rehabilitate the sick and closed industrial units financed by IDBI
D.
Facilitate, finance and promote India's foreign trade

Answer: Option A

Solution

Answer: Option A
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