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SIDBI was set up as a subsidiary of IDBI to

A Take over the functions of small business financing of IDBI.

B Take over the venture capital operations of ICICI.

C Reconstruct and rehabilitate the sick and closed industrial units financed by IDBI.

D Facilitate, finance and promote India’s Foreign trade.

Answer & Explanation
Answer:Take over the functions of small business financing of IDBI.

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