Question : Which of the following institutions provides credit for small and medium enterprises in India?
Option 1: Reserve Bank of India (RBI)
Option 2: National Bank for Agriculture and Rural Development (NABARD)
Option 3: Small Industries Development Bank of India (SIDBI)
Option 4: None of the above
Correct Answer: Small Industries Development Bank of India (SIDBI)
Solution : c). Small Industries Development Bank of India (SIDBI)
The correct answer is c). Small Industries Development Bank of India (SIDBI). SIDBI is a specialized financial institution in India that focuses on providing credit and financial support to small and medium enterprises (SMEs). It offers various loan products, credit facilities, and developmental services to assist SMEs in their growth and development. SIDBI plays a crucial role in promoting entrepreneurship and supporting the MSME (Micro, Small, and Medium Enterprises) sector in India. The Reserve Bank of India (RBI) is the central bank of India, responsible for monetary policy and overall regulation of the banking system. The National Bank for Agriculture and Rural Development (NABARD) primarily provides credit and financial support for agriculture and rural development.
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Question : Which of the following institutions provides credit for agriculture and rural development in India?
Question : Which institution in India provides long-term credit to farmers for agricultural activities?
Option 1: National Bank for Agriculture and Rural Development (NABARD)
Option 2: Reserve Bank of India (RBI)
Option 3: Agricultural Insurance Corporation of India (AIC)
Option 4: Small Industries Development Bank of India (SIDBI)
Question : Which institution in India provides short-term credit to farmers for agricultural activities?
Option 2: State Bank of India (SBI)
Option 4: Regional Rural Banks (RRBs)
Question : ___________ is a financial institution that provides long-term credit for agriculture and rural development.
Option 1: Agricultural Finance Corporation
Option 2: Rural Development Bank
Option 4: National Bank for Agriculture and Rural Development (NABARD)
Question : Which among the following is an apex institution in the sphere of agriculture credit in India?
Option 1: NABARD (National Agriculture and Rural Development)
Option 2: SIDBI (Small Industries Development Bank of India)
Option 3: EXIM (Export & Import ) Bank
Option 4: NAFED (National Agricultural Cooperative Marketing Federation of India Ltd.)
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