Advertisements
Advertisements
Question
Answer in brief.
Describe any two features of SIDBI.
Solution
Features of SIDBI:
- Financial Institute for Promotion of MSMEs: SIDBI is established to provide short term and long term finance to the MSMEs. It is the principal financial institution for micro, small, and medium sector units. It also coordinates the functions of institutions engaged in financing MSME’s. It provides refinance to Banking and Non-Banking Financial Companies to increase the supply of credit to MSMEs.
- Advisory Function: SIDBI also works as an advisor and mentor of MSMEs. It helps MSMEs in expanding marketing channels for the products both in domestic as well as international markets. It also initiates steps for modernization and technological upgradation of current units.
APPEARS IN
RELATED QUESTIONS
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:
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.
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.
Small Industrial Development Bank was established on 2nd April, 1990.
Complete the sentence.
SIDBI takes structural initiatives to resolve the financial and nonfinancial hurdles of ____________
Complete the sentence.
SIDBI is established to provide short-term and long-term finance to ________.
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?
Answer in one sentence.
What is Udyami Mitra?
Justify the following statement.
SIDBI acts as an institute for the promotion of MSMEs
Justify the following statement.
SIDBI provides different types of financial and non-financial services through its subsidiaries.
Attempt the following.
State the different forms of finance provided by SIDBI.
Attempt the following.
State the role of SIDBI in sustainable development.
