Download App

Resource Mobilization — Entrepreneurship STD 12 Commerce — Question

CBSE BoardEnglish MediumSTD 12 CommerceEntrepreneurshipResource Mobilization4 Marks
Question
Distinguish between ICICI and SIDBI.
✓

Answer

Differences between ICICI and SIDBI are:
S.No.
Basis
Industrial Credit and Investment
Corporation of India (CICI)
Small Industries Development Bank of
India (SIDBI)
1.
Mode of establishment
ICICI was established as a joint stock company in the private sector in 1955.
SIDBI was established in April 1990, as a wholly owned subsidiary of IDBI, under the SIDBI Act, 1990.
2.
Objective
  1. To assist in the formation, expansion and modernisation of industrial units in the private sector.
  2. To stimulate and promote the en participation of private capital.
  3. To furnish technical and managerial aid.
  1. Initiate steps for technological upgradation and modernisation of
  2. existing units. Expand channels for marketing of SSI sector products in India and abroad.
  3. Promote employment-oriented Industries.
3.
Types of assistance provided
It provides only direct assistance.
It provides direct as well as indirect assistance

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "4 Marks Question" from Resource Mobilization→Resource Mobilization — all question types→Entrepreneurship STD 12 Commerce question papers→CBSE Board STD 12 Commerce question papers→CBSE Board question paper generator→

Similar questions

A factory is engaged in manufacturing washing machines. The following information is available to you:
Sales = ₹ 4,00,000
Direct labour cost (2,000 units) = ₹ 40,000
Direct material cost (2,000 units) = ₹ 1,00,000
Direct expenses (2,000 units) = ₹ 20,000
Fixed cost = ₹ 1,20,000
Find out:
  1. Variable cost per unit.
  2. Total Cost.
  3. Quantity to be sold at break-even point.
→
When is company form of business suitable?
→
Explain the stages of enterprises model with the help of a diagram.
OR
Explain Enterprise Process diagram.
→
An individual wants to start an enterprise that manufactures steam iron which can be imported from Germany. The material available in Germany is a little better in quality. However, there are no safety issues with the one available in India, which material would you go for and why? (social responsibility, import substitution).
→
Explain in short, the various elements of the promotion mix.
→
An entrepreneur is doing an industry analysis. While he/ she is analysing his/ her competitors in his/ her line of business that the competitors are far better in their business plans and their execution. Should the entrepreneur add unique selling point in the existing plan to get a creative niche above others or should he/ she go for a completely different line of business, where the competition is less and he/ she is easily able to place his/her feet in the market? Give reasons. (creativity and problem solving)
→
Answer each of these questions in about one hundred and fifty words:
Describe the form of assistance provided by SIDBI to the industrial concern.
→
Answer each of these questions in about one hundred and fifty words:
Apoorva wants to start a new business near to her locality, for which she requires capital State different types of national level and state level financial institutions from where Apoorva can access capital according to her needs and requirements.
→
Explain Planning.
→
Explain creative process.
→