Bissoy.com
Doctors Medicines MCQs Q&A

Who is the Chairman and Managing Director of Small Industries Development Bank of India (SIDBI) as of October 2018?

Who is the Chairman and Managing Director of Small Industries Development Bank of India (SIDBI) as of October 2018? Correct Answer Mohammad Mustafa

The correct answer is Mohammad Mustafa.

Key Points

  • Mr Mohammad Mustafa, IAS, has been the Chairman and Managing Director of the Small Industries Development Bank of India since August 2017.
  • The Appointments Committee of the Cabinet had approved his appointment to the post for three years.
  • In April 2021, The government has appointed S Ramann as Chairman and Managing Director of Small Industries Development Bank of India (SIDBI).

    The appointment is for a period of three years.

Important Points

  • SIDBI -
    • ​SIDBI was established with the mission of facilitating and strengthening the flow of credit to Micro, Small and Medium Enterprises.
    • It is a statutory body set up under an act of the Indian Parliament in 1990.
    • It was set up on 2nd April 1990.
    • Headquartered- Lucknow. 

Additional Information

Name Position
Ajay Kumar Kapur Former Deputy Managing Director, Small Industries Development Bank of India
Manoj Mittal Worked as Dy Managing Director at Small Industries Development Bank of Indi

Related Questions

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.
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.
In August 2021, Small Industries Development Bank of India (SIDBI) approved funds worth Rs 524 crore for the development of micro, small and medium enterprises (MSME) in which state?
The Chairman entered in the Assembley Hall at 10 minutes before 12.30 pm to conduct the interview. The Chairman was 20 minutes earlier than the Managing Director. The Managing Director was 30 minutes late as per the time fixed. What was the time fixed for interview?
In December 2020, the Industries and Commerce Department of which state has signed a memorandum of understanding (MoU) with Small Industries Development Bank of India (SIDBI) to boost the MSME sector in the state?
An independent director means a director other than a managing director or a whole-time director or a nominee director who does not have any material or pecuniary relationship with the company/directors. Which of the following should be the number of Independent Directors in every listed public company (fraction is to be rounded off to one)?
In the question below, are given a statement followed by three courses of actions numbered I, II and III. On the basis of the information given, you have to assume everything in the statement to be true, and then decide which of the following suggested courses of actions logically follow(s) for pursuing. Statement: In a bid to find a successor to founder CEO Rana Kapoor, The Yes Bank has formed a five member panel including two members from outside the bank, less than a week after Reserve Bank of India (RBI) cut short his tenure until January 31 2019. In a press release sent to the exchanges late on Tuesday evening, Yes Bank said that the “search and selection committee” would comprise of three members of the bank’s nomination and remuneration committee and also two external members, which the bank did not specify.  Courses of action: I. However, the board has requested the Reserve Bank of India (RBI) to grant an extension to Kapoor up to September 2019 ‘for finalization of audited financial statements for fiscal year ending March 2019 and in order for the statutory AGM process to be completed’. II. The board has also recommended the elevation of senior group presidents Rajat Monga and Pralay Mondal as executive directors ‘to ensure a long term succession plan within Yes Bank, and given the demonstrated track record of these two senior leaders’. All this will be subject to RBI approval.  III. The panel will comprise of five members and will focus on find a successor to Rana Kapoor.
Who has been appointed as the chairman & managing director of National Small Industries Corporation Ltd. in October 2019?
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 among the following is NOT a correct statement?  1. The Reserve Bank of India worked as Central Bank of Burma till April 1947 2. The Reserve Bank of India worked as Central Bank of Pakistan till June 1948 3. The Reserve Bank of India worked as Central Bank of Bangladesh from January 1972 to December 1975 4. The Reserve Bank of India commenced its operations on April 1, 1935