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Commerce · Q546

Banking and Financial Institutions

Graduate and Post Graduate · Commerce · question 546

Q546

SIDBI was set up as a subsidiary of IDBI to for which of the following object.

A.
Take over the functions of small business financing of IDBI
Answer
B.
Take over 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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