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Which institution was set up in India to provide medium and long-term loans to small-scale industries (SSI)?
  • a)
    Industrial Finance Corporation of India (IFCI)
  • b)
    Industrial Credit and Investment Corporation of India (ICICI)
  • c)
    National Housing Bank (NHB)
  • d)
    Small Industries Development Bank of India (SIDBI)
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
Which institution was set up in India to provide medium and long-term ...
The Small Industries Development Bank of India (SIDBI) was set up in India to provide medium and long-term loans to small-scale industries (SSI) units. It plays a crucial role in promoting and developing the small-scale sector in the country.
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Which institution was set up in India to provide medium and long-term loans to small-scale industries (SSI)?a)Industrial Finance Corporation of India (IFCI)b)Industrial Credit and Investment Corporation of India (ICICI)c)National Housing Bank (NHB)d)Small Industries Development Bank of India (SIDBI)Correct answer is option 'D'. Can you explain this answer?
Question Description
Which institution was set up in India to provide medium and long-term loans to small-scale industries (SSI)?a)Industrial Finance Corporation of India (IFCI)b)Industrial Credit and Investment Corporation of India (ICICI)c)National Housing Bank (NHB)d)Small Industries Development Bank of India (SIDBI)Correct answer is option 'D'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about Which institution was set up in India to provide medium and long-term loans to small-scale industries (SSI)?a)Industrial Finance Corporation of India (IFCI)b)Industrial Credit and Investment Corporation of India (ICICI)c)National Housing Bank (NHB)d)Small Industries Development Bank of India (SIDBI)Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which institution was set up in India to provide medium and long-term loans to small-scale industries (SSI)?a)Industrial Finance Corporation of India (IFCI)b)Industrial Credit and Investment Corporation of India (ICICI)c)National Housing Bank (NHB)d)Small Industries Development Bank of India (SIDBI)Correct answer is option 'D'. Can you explain this answer?.
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