Economics · Financial Institutions
The Small Industries Development Bank of India (SIDBI) was primarily established to serve which purpose?
- 1To provide commercial loans for heavy metallurgical infrastructure projects
- 2To oversee the complete disinvestment process of Maharatna enterprises
- 3To function exclusively as an international agricultural trade regulator
- 4To provide short, medium, and long-term finance to small-scale industries✓
Correct answer
To provide short, medium, and long-term finance to small-scale industries
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