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Indian economy miscellaneous
  1. SIDBI stands for :
    1. Small Industrial Designed Bank of India
    2. Small Industries Development Bank of India
    3. Small Innovations Development Banker’s Institute
    4. Small Industries Development Banker Institute
Correct Option: B

SIDBI stands for Small Industries Development Bank of India. It is an independent financial institution aimed to aid the growth and development of micro, small and medium-scale enterprises (MSME) in India. It was set up on April 2, 1990 through an act of parliament.


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