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Question

Who has been appointed as the new Chairman and Managing Director of SIDBI, in April 2021?

The correct answer is

S.Raman

Understanding the SIDBI Chairman and Managing Director Appointment

The question asks about the individual appointed as the Chairman and Managing Director (CMD) of SIDBI in April 2021. This involves identifying the key person who took charge of this important role at the Small Industries Development Bank of India (SIDBI) during that specific time.

SIDBI and its Leadership Role

SIDBI stands for the Small Industries Development Bank of India. It is a statutory body in India established under an Act of Parliament for promotion, financing and development of the micro, small and medium-sized enterprises (MSME) sector in India.

The Chairman and Managing Director (CMD) is the head of the institution, responsible for its overall functioning, strategy, and leadership.

Appointment in April 2021

In April 2021, a significant appointment was made for the leadership position at SIDBI. The individual selected was to lead the institution's efforts in supporting the MSME sector.

Identifying the Appointee

Based on the available information regarding the appointment in April 2021, the person appointed as the Chairman and Managing Director of SIDBI was S. Raman.

His appointment was for a tenure of three years from the date of assumption of charge or until further orders, whichever is earlier.

Analyzing the Options

Let's look at the given options:

  • Devendra Kumar Singh
  • S.Raman
  • Sudatta mandal
  • Pankaj Jain

Comparing the known appointment information with the options, S. Raman is the individual who was appointed as the CMD of SIDBI in April 2021.

Conclusion

The appointment for the position of Chairman and Managing Director of SIDBI in April 2021 was a key development concerning the leadership of this crucial financial institution supporting India's MSME sector. The person who took on this role was S. Raman.

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  4. Identify the FALSE statement.

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