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Multiple Choice Questions

What is one of the major objectives of SIDBI ........

Finance (Phase -I & II) Financial Institutions

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What is one of the major objectives of SIDBI?

Principal Financial Institution for Promotion, Financing and Development of Agriculture sector in India

Principal Financial Institution for Promotion, Financing and Development of Housing sector in India

Principal Financial Institution for Promotion, Financing and Development of Export sector in India

Principal Financial Institution for Promotion, Financing and Development of MSME sector in India

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Explanation:

SIDBI acts as the Principal Financial Institution for the Promotion, Financing and Development of the Micro, Small and Medium Enterprise (MSME) sector and for Co-ordination of the functions of the institutions engaged in similar activities

Objectives of SIDBI -
To promote marketing of products of small scale sector. To upgrade technology and also undertaking modernization of small scale units. To provide more financial assistance to small scale ancillary and tiny sector. To encourage employment oriented industries.

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