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GK MCQs Section
Q. National Equity Fund is managed by which among the following?
Answer: SIDBI
Notes: The National Equity Fund (NEF) is managed by the Small Industries Development Bank of India (SIDBI). Established in 1990, the NEF aims to provide equity support to small-scale industries in India, promoting entrepreneurship and enhancing the competitiveness of small businesses. SIDBI plays a crucial role in financing and developing the MSME sector, which is vital for India's economic growth.
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