Dear Readers, Here we have provided the Important Banking Awareness Quizzes based on particular topic, which will help to understand and prepare in a better way. Candidates those who are preparing for upcoming SBI Exams can make use of it.
[WpProQuiz 2267]Click “Start Quiz” to attend these Questions and view Solutions
a) Small-scale Industries Deployment Bank Industry
b) Small Industries Development Bank of India
c) Small Interactive Deployment Bank Industry
d) Small Investment Development Bank of India
e) None of these
a) April 5, 1993
b) April 9, 1992
c) April 2, 1990
d) April 8, 1991
e) April 4, 1989
a) Bangalore
b) New Delhi
c) Mumbai
d) Pune
e) Lucknow
a) Agriculture sector
b) Housing sector
c) MSME sector
d) Banking sector
e) Education sector
a) J. Chandrasekaran
b) Manoj Mittal
c) Ajay Kumar Kapur
d) Pankaj Jain
e) Mohammad Mustafa
a) Medium-scale Units Developing Research Agency
b) Management of Units Delivery Research Association
c) Micro Units Development & Refinance Agency
d) Middle Unfunded Development & Refinance Agency
e) None of these
a) SIDBI Venture Capital Limited
b) Udyami Mitra
c) SMERA Ratings Limited
d) Startup Mitra
e) None of these
a) SIDBI Trustee Company Ltd
b) SIDBI Venture Capital Ltd
c) MUDRA
d) All of the above
e) None of the above
a) MUDRA
b) SIDBI Venture Capital Ltd
c) SMERA Ratings Ltd
d) Receivable Exchange of India Ltd
e) None of these
a) Stand-up India
b) Startup Mitra
c) MUDRA
d) SMILE
e) None of these
a) To provide short term lending to industries
b) To provide refinance facilities
c) To develop MSME sector
d) All of the above
e) None of the above
a) Gross Value Added
b) General Value Area
c) Goods Value Algorithm
d) Generalized Voluntary Action
e) None of these
a) RXIL
b) ISARC
c) SVCL
d) ISTSL
e) None of these
a) Capital
b) Credit
c) Central
d) Conceptualized
e) None of these
a) SIDBI
b) SMILE
c) SMERA
d) MUDRA
e) None of these
Answers:
SIDBI – Small Industries Development Bank of India
Established – April 2, 1990
Headquarters – Lucknow
SIDBI is the Principal Financial Institution for the Promotion, Financing and Development of the Micro, Small and Medium Enterprise (MSME) sector.
Chairman & MD – Mohammad Mustafa (as on May 2018)
MUDRA – Micro Units Development & Refinance Agency
IDBI set up the biggest loan portal ‘Udyami Mitra’ to facilitate anywhere any time (net and mobile-enabled) access to MUDRA loans.
SMERA Ratings Ltd (SMERA) is a full-service credit rating agency exclusively set up for micro, small and medium enterprises (MSME) in India.
SIDBI has introduced several schemes to support government programmes. Some of these initiatives include SIDBI Make in India Soft Loan Fund for Micro, Small & Medium Enterprises (SMILE) under the ‘Make in India’ Programme.
The purpose of SIDBI is to provide refinance facilities and short term lending to industries. It is an institution for the Promotion, Financing and Development of the Micro, Small and Medium Enterprise (MSME) sector and also co-ordinates the functions of the institutions engaged in similar activities.
GVA – Gross Value Added
India SME Asset Reconstruction Company Ltd. (ISARC) for speedier resolution of Non-Performing Assets (NPA) in the MSME sector.
Credit Guarantee Fund Trust – for Micro and Small Enterprises (CGTMSE)
SIDBI supports the Government of India in its initiatives and work as a nodal agency for some of the schemes related to the development of MSMEs.
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This post was last modified on January 20, 2021 3:57 pm