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RAS question

Book value per share for first SIDBI equity tranche?

Correct answer: (B) ₹568.65.

The first SIDBI equity tranche for Financial Year 2025-26 was fixed at a book value of Rs.568.65 per share as on 31.03.2025.

  1. (A)

    ₹250.00

  2. (B)

    ₹568.65

  3. (C)

    ₹750.00

  4. (D)

    ₹1,000.00

Explanation

The PIB Cabinet release states that the Union Cabinet approved Rs.5,000 crore of equity support for the Small Industries Development Bank of India. This capital is to be infused by the Department of Financial Services in three tranches. The first tranche, for Financial Year 2025-26, is Rs.3,000 crore and is explicitly linked to the book value of Rs.568.65 as on 31.03.2025. That date matters because the later tranches of Rs.1,000 crore each are to use the book value as on 31 March of the respective previous financial year, not the same figure by default. Therefore, for the first tranche asked in the MCQ, the only supported per-share book value is Rs.568.65.

Why the other options are wrong

  • (A) Rs.250.00 is not the book value cited for the first SIDBI equity tranche in the PIB release.
  • (C) Rs.750.00 is not attached to the Financial Year 2025-26 tranche or to the 31.03.2025 book value in the source.
  • (D) Rs.1,000.00 confuses the later tranche amount of Rs.1,000 crore with a per-share book value, which the PIB release does not state.

Concept

This tests current economic institutions and government support to development finance institutions, especially how Cabinet decisions translate into capital infusion terms. RAS often asks such items because they connect Indian Economy concepts with recent official policy announcements.

Source

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