Banking General Awareness Banking System Question Bank Practice Questions - Para Banking Services

  • question_answer
    The main function(s) of SIDBI is/are

    A)  to provide refinance for loans and advances extended by the primary lending institutions to SSI units and also to provide resources support to them

    B)  it discounts and rediscounts bill arising from sale of machinery to or manufactured by industrial units in the SSI sector

    C)  it extends seed capital/soft loan assistance under National Equity Fund, Manila Udyan Nidhi and Manila Vikas Nidhi and Seed Capital Schemes through specified lending agencies

    D)  All of the above

    E)  None of these

    Correct Answer: D


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