Institutions Offering Financing Funds Requirement Schemes
CMAT 2023 · Innovation & Entrepreneurship · Medium · Innovation and Entrepreneurship
Estimating and financing funds requirement schemes are offered by: A. Various commercial banks B. Industrial Development Bank of India (IDBI) C. Industrial Credit and Investment Corporation of India (ICICI) D. Small Industrial Development Bank of India (SIDBI) E. Reserve Bank of India
Choose the most appropriate answer from the options given below:
- A.
A, B, D and E holds true
- B.
A, C, D and E holds true
- C.
A, B, C and D holds true
- D.
B, D and E holds true
C
Explanation
RBI is a regulatory central bank and does not directly offer fund schemes to individuals/businesses. Commercial banks, IDBI, ICICI, and SIDBI offer these schemes.
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