1.

Consider the following statements 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. Which of the statements given above .is/are correct?

A. Only 1
B. Only 2
C. Both 1 and 2
D. Neither 1 nor 2
Answer» C. Both 1 and 2


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