[amp_mcq option1=”IDBI” option2=”EXIM BANK” option3=”SIDBI” option4=”None of the above” correct=”option3″]
The correct answer is C. SIDBI.
The Small Industries Development Bank of India (SIDBI) is a wholly-owned subsidiary of the Ministry of Finance, Government of India. It was established in 1989 to promote the development of small-scale industries (SSIs) in India. SIDBI provides financial assistance, training, and other support services to SSIs.
IDBI is the Industrial Development Bank of India. It is a state-owned development bank that provides financial assistance to industrial projects in India. EXIM Bank is the Export-Import Bank of India. It is a state-owned bank that provides financial assistance to Indian exporters and importers.
None of the above is the correct answer because it does not include SIDBI.