SIDBI partnered with _______ co-operative bank to empower MSMEs.
SVC
Understanding the SIDBI Partnership for MSMEs
The question asks about a specific partnership formed by the Small Industries Development Bank of India (SIDBI) with a co-operative bank. This partnership was aimed at supporting and empowering Micro, Small, and Medium Enterprises (MSMEs).
Identifying the Partner Co-operative Bank
SIDBI frequently collaborates with various financial institutions, including co-operative banks, to expand its reach and provide financial and developmental support to MSMEs across different sectors and regions.
Based on official information regarding SIDBI's collaborations, SIDBI partnered with SVC Co-operative Bank Ltd. (also known as SVC Bank) for the purpose of empowering MSMEs. This partnership leverages the strengths of both institutions to facilitate access to finance and other resources for small businesses.
About SIDBI and MSMEs
SIDBI is the principal financial institution for the promotion, financing, and development of the Micro, Small & Medium Enterprises (MSME) sector in India. It also coordinates the functions of institutions engaged in similar activities.
MSMEs are considered the backbone of the Indian economy, contributing significantly to employment generation, exports, and overall economic growth. However, they often face challenges related to access to timely and adequate credit, technology adoption, and market access.
The Purpose of the Partnership
The partnership between SIDBI and SVC Co-operative Bank aims to address some of the challenges faced by MSMEs by:
- Extending financial assistance to eligible MSMEs.
- Potentially providing other developmental support services.
- Utilizing the local presence and customer base of the co-operative bank.
Such collaborations are crucial for ensuring that financial and developmental support reaches a wider segment of the MSME sector, especially in areas where traditional banking reach might be limited.
Considering the options provided and the reported partnerships, the co-operative bank that partnered with SIDBI to empower MSMEs is SVC Co-operative Bank.
Important Questions from Miscellaneous
A stone is thrown horizontally from the top of a 20 m high building with a speed of 12 m/s. It hits the ground at a distance R from the building. Taking g = 10 m/s2 and neglecting air resistance will give :
A sphere of volume V is made of a material with lower density than water. While on Earth, it floats on water with its volume f1V (f1 < 1) submerged. On the other hand, on a spaceship accelerating with acceleration a < g (g is the acceleration due to gravity on Earth) in outer space, its submerged volume in water is f2V. Then:
A railway wagon (open at the top) of mass M1 is moving with speed v1 along a straight track. As a result of rain, after some time it gets partially filled with water so that the mass of the wagon becomes M2 and speed becomes v2. Taking the rain to be falling vertically and the water stationery inside the wagon, the relation between the two speeds v1 and v2 is :
Consider the following statements:
1. Distance between the longitudes becomes zero on North Pole and South Pole.
2. Distance between the longitudes is maximum on the Equator.
3. Number of longitudes is more than number of latitudes.
Which of the statements given above is/are correct?
One block of 2⋅0 kg mass is placed on top of another block of 3⋅0 kg mass. The coefficient of static friction between the two blocks is 0⋅2. The bottom block is pulled with a horizontal force F such that both the blocks move together without slipping. Taking acceleration due to gravity as 10 m/s2, the maximum value of the frictional force is :
