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Read the following statements and choose the correct option:
Statement-I: Small Industry Development Bank of India (SIDBI) was set up as a wholly owned subsidiary of RBI.
Statement-II: SIDBI has taken over the responsibility of administering small industry development fund managed by IDBI.

Read the following statements and choose the correct option:
Statement-I: Small Industry Development Bank of India (SIDBI) was set up as a wholly owned subsidiary of RBI.
Statement-II: SIDBI has taken over the responsibility of administering small industry development fund managed by IDBI. Correct Answer (II) is correct

Related Questions

Read the following statements and choose the correct answer:
Statement I: Small Industry Development Bank of India (SIDBl) was set-up as a wholly owned subsidiary of RBI.
Statement II: SIDBI has taken over the responsibility of administering small industry development fund managed by IDBI.
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.
Which of the following statements are correct?
1. The Central Bank is usually control and quite often owned by the government of a country.
2. Export-Import Bank of India took over the export finance function of the IDBI.
3. Unit Bank has virtually one or two branches.
4. Citi Bank and ING Bank are universal banks.
Select the correct answer
Given below is a ‘main statement’ followed by four subsidiary statements. From the given options, choose the ordered pair of subsidiary statements, where the first statement implies the second and the two statements are logically consistent with the main statement. Main Statement: You can drive over 60 km/h only on the national highways. Subsidiary Statements: A. You are on the national highway. B. You cannot drive over 60 km/h. C. You can drive over 60 km/h. D. You are not on the national highway.
With reference to the National Invest­ment Fund to which the disinvestment proceeds are routed, consider the following statements : 1. The assets in the National Invest­ment Fund are managed by the Union Ministry of Finance. 2. The National Investment Fund is to be maintained within the Consoli­dated Fund of India. 3. Certain Asset Management Com­panies are appointed as fund managers. 4. A certain proportion of annual income is used for financing select social sectors. Which of the statements given above is/are correct?
The question given below consists of a statement, followed by three arguments numbered I, II and III. You have to decide which of the arguments is/are ‘strong’ arguments and which is/are ‘weak’ arguments and accordingly choose your answer from the alternatives given below each question. Statement: In the wake of globalization and digitization of the manner in which the business are conducted, the IT/ITES industry holds a significant place in the future business scenario. The Economic Survey 2017-18 mentioned that the IT/ITES services industry in India has scaled to around $140 billion during 2016-17. India today is globally the top outsourcing destination accounting for more than half of the market share. The IT/ITES industry has contributed around 7.7% of the country's GDP and according to IBEF is a key employment generator with a projection of creating 1.3-1.5 lakh new jobs annually. Which among the following arguments support the above statement in the best possible manner? Arguments: I. The Government has also provided considerable inputs to the industry with its various flagship programmes such as Digital India, Smart Cities, e-Governance coupled with a drive towards a cashless economy. II. The Government has been pro-active in considering demands of the industry and providing timely respite from the teething troubles under GST as well.  III. The IT/ITES industry is a labour intensive industry and a large scale employment generator. It is a common practice across the industry to provide various privileges and facilities to their staff in order to boost employee retention rates in their organisation.
National Housing Bank was established in 1987 as a wholly-owned subsidiary of which of the following?  1. State Bank of India 2. Life Insurance Corporation of India 3. Reserve Bank of India 4. Industrial Finance Corporation of India 
Read the passage carefully and choose the best answer to each question out of the four alternatives. "Tryst with Destiny" was a speech delivered by Jawaharlal Nehru, the first Prime Minister of independent India, to the Indian Constituent Assembly in Parliament, on 14th August 1947. It is considered to be one of the greatest speeches of all times and to be a landmark oration that captures the essence of the triumphant culmination of the largely non­violent Indian independence struggle against the British Empire in India. "Long years ago we made a tryst with destiny, and now the time comes when we shall redeem our pledge, not wholly or in full measure, but very substantially. Freedom and power bring responsibility. The responsibility rests upon the assembly, a sovereign body representing the sovereign people of India. The service of India means the service of the millions who suffer. It means the ending of poverty and ignorance and disease and inequality of opportunity. We cannot encourage communalism or narrow­mindedness, for no nation can be great whose people are narrow in thought or in action. To the people of India, whose representatives we are, this is no time for petty and destructive criticism, no time for ill will or blaming others. We have to build the noble mansion of free India where all her children may dwell". Choose the answer which captures Nehru's belief.
Read the passage carefully and choose the best answer to each question out of the four alternatives. "Tryst with Destiny" was a speech delivered by Jawaharlal Nehru, the first Prime Minister of independent India, to the Indian Constituent Assembly in Parliament, on 14th August 1947. It is considered to be one of the greatest speeches of all times and to be a landmark oration that captures the essence of the triumphant culmination of the largely non­violent Indian independence struggle against the British Empire in India. "Long years ago we made a tryst with destiny, and now the time comes when we shall redeem our pledge, not wholly or in full measure, but very substantially. Freedom and power bring responsibility. The responsibility rests upon the assembly, a sovereign body representing the sovereign people of India. The service of India means the service of the millions who suffer. It means the ending of poverty and ignorance and disease and inequality of opportunity. We cannot encourage communalism or narrow­mindedness, for no nation can be great whose people are narrow in thought or in action. To the people of India, whose representatives we are, this is no time for petty and destructive criticism, no time for ill will or blaming others. We have to build the noble mansion of free India where all her children may dwell". The most dominant voice in the speech is
Read the passage carefully and choose the best answer to each question out of the four alternatives. "Tryst with Destiny" was a speech delivered by Jawaharlal Nehru, the first Prime Minister of independent India, to the Indian Constituent Assembly in Parliament, on 14th August 1947. It is considered to be one of the greatest speeches of all times and to be a landmark oration that captures the essence of the triumphant culmination of the largely non­violent Indian independence struggle against the British Empire in India. "Long years ago we made a tryst with destiny, and now the time comes when we shall redeem our pledge, not wholly or in full measure, but very substantially. Freedom and power bring responsibility. The responsibility rests upon the assembly, a sovereign body representing the sovereign people of India. The service of India means the service of the millions who suffer. It means the ending of poverty and ignorance and disease and inequality of opportunity. We cannot encourage communalism or narrow­mindedness, for no nation can be great whose people are narrow in thought or in action. To the people of India, whose representatives we are, this is no time for petty and destructive criticism, no time for ill will or blaming others. We have to build the noble mansion of free India where all her children may dwell". Select the answer which best reflects Nehru's point of view.