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UPSC CSE Prelims NABARD vs SIDBI vs MUDRA & Development vs Commercial Banks Flashcards

Master 8 nabard vs sidbi vs mudra & development vs commercial banks concepts for the UPSC CSE Prelims.

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Question

Complete the statement regarding the apex rural financial institution:


is the apex regulatory body for overall regulation of regional rural banks and cooperative banks in India. Its primary function is providing to these partner institutions for rural development.

Question

Consider the following statements regarding SIDBI:

  1. It is the principal financial institution for the promotion, financing, and development of the MSME sector.
  2. It routinely accepts demand deposits directly from retail customers.

Which of the statements given above is/are correct?


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