Static GK - Organizations & Headquarters
Which organisation was established in 1990 to promote and finance micro, small and medium enterprises (MSMEs) in India?
Which organisation was established in 1990 to promote and finance micro, small and medium enterprises (MSMEs) in India?
easy Q12 of 15
Step-by-Step Solution
Step 1: Understand the function
The question focuses on the organisation supporting MSMEs, established in 1990.Step 2: Identify the organisation
SIDBI was established in 1990 specifically to promote and finance micro, small and medium enterprises in India.Final Answer:
Small Industries Development Bank of India (SIDBI) → Option AQuick Check:
SIDBI established for MSMEs = 1990 ✅
Quick Trick: SIDBI is the MSME-focused bank established in 1990.
Common Mistakes:
MISTAKES- Confusing SIDBI with IDBI or NABARD which have different roles.
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