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प्रश्न
Justify the following statement.
SIDBI provides different types of financial and non-financial services through its subsidiaries.
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:
Advisor and mentor for MSMEs.
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.
State True or False.
SIDBI has its head office at Mumbai.
State True or False.
SIDBI is not working towards sustainable development of MSME’s in India.
Complete the sentence.
SIDBI takes structural initiatives to resolve the financial and nonfinancial hurdles of ____________
Complete the sentence.
To improve the accessibility of credit and handholding services to MSMEs, SIDBI has launched the __________.
Select the correct option.
| A | B |
| SIDBI | __________ |
Answer in one sentence.
What is SIDBI?
Answer in one sentence.
What is MSME’s?
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
