Current Affairs · Financial Institutions & MSMEs
Consider the following statements regarding the Small Industries Development Bank of India (SIDBI): I. SIDBI functions as a nodal agency for the implementation of certain government schemes relating to MSMEs and startup financing. II. SIDBI presently operates under the administrative control of the Ministry of Micro, Small and Medium Enterprises. Which of the statements given above is/are correct?
- 1Neither I nor II
- 2Both I and II
- 3II only
- 4I only✓
Correct answer
I only
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