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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.
SIDBI was established under the Small Industrial Development Bank of India. Act, ___________
Give one word/phrase/term:
Advisor and mentor for MSMEs.
Give one word/phrase/term:
Wholly owned subsidiary of IDBI was set up in July 1999, is providing venture capital.
Give one word/phrase/term:
A digital initiative by SIDBI launched on March, 17th, 2016
State True or False.
SIDBI, Startup Mitra scheme is launched on March 17, 2016.
Complete the sentence.
Micro, Small and Medium Enterprises (MSMEs) are focused domains for _________.
Complete the sentence.
‘SIDBI Startup Mitra’ launched on __________ .
Select the correct option.
| A | B |
| SIDBI | __________ |
Answer in one sentence.
What is SIDBI?
Answer in one sentence.
What is MSME’s?
Answer in one sentence.
What is Udyami Mitra?
Correct the underlined word and rewrite the following sentence.
SIDBI is established to provide only long -term finance to the MSME’s.
Attempt the following.
State the different forms of finance provided by SIDBI.
Answer the following:
Write important features of SIDBI.
