Examveda
Examveda

Which of the following statement/s is/are correct?
1. Small Industry Development Bank of India (SIDBI) was set-up as a whole owned subsidiary of the RBI.
2. SIDBI has taken over the responsibility of administering Small Industry Development Fund managed by the IDBI.

A. 1 is correct

B. 2 is correct

C. 1 and 2 is correct

D. Neither 1 nor 2 is correct

Answer: Option B


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