Multiple Choice Questions on What is the authorised capital of SIDBI ........ for SEBI Grade A ( Officer) Exam Preparation

Financial Institutions

Finance (Phase -I & II)

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Indian Economy - Understanding the basics of Indian economic system

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    What is the authorised capital of SIDBI?

    Rs 100 crore

    Incorrect Answer

    Rs 500 crore

    Incorrect Answer

    Rs 750 crore

    Incorrect Answer

    Rs 1000 crore

    Correct Answer
    Explanation:

    As on March 31, 2012, the Authorised Capital of SIDBI is 1000 crore and Paid Up Capital is 450 crore. Presently, the Bank provides refinance support through a network of eligible member lending institutions for onward lending to MSMEs and direct assistance is channelized through the Bank's branch offices.


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