Small and medium enterprises in India

Match the following

Institution	Year
Small Industries Development Bank of India (SIDBI)	1990
Export-Import Bank of India (EXIM Bank)	1982
National Housing Bank (NHB)	1948
Industrial Finance Corporation of India (IFCI)	1964

	a	b	c	d
a)	1	2	3	4
b)	3	4	2	1
c)	4	3	1	2
d)	2	1	4	3

EXPLANATION

1️⃣ Small Industries Development Bank of India (SIDBI)

• Year of Establishment: 1990

• Purpose:

  • Provides finance and support to micro, small, and medium enterprises (MSMEs).

  • Promotes development and modernization of small industries.

• Significance:

  • SIDBI acts as the principal financial institution for MSMEs in India.

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2️⃣ Export-Import Bank of India (EXIM Bank)

• Year of Establishment: 1982

• Purpose:

  • Facilitates international trade by providing finance and advisory services.

  • Promotes India’s exports and imports.

• Significance:

  • EXIM Bank supports Indian exporters and strengthens trade competitiveness.

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3️⃣ National Housing Bank (NHB)

• Year of Establishment: 1948

• Purpose:

  • Apex financial institution for housing finance in India.

  • Provides refinance and regulation to housing finance institutions.

• Significance:

  • Plays a major role in the development of the housing sector, especially after independence.

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4️⃣ Industrial Finance Corporation of India (IFCI)

• Year of Establishment: 1964

• Purpose:

  • First Development Financial Institution (DFI) in India.

  • Provides medium and long-term finance to industries.

• Significance:

  • Helped in industrialization of India by funding new and expanding industries.

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Mapping of Institutions with Numbers in the Options:

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Answer Mapping to Option (b):

• SIDBI → 1

• EXIM Bank → 4

• NHB → 3

• IFCI → 2

✅ Final Answer: (b) 3, 4, 2, 1