Question

The scheme of 'Performance and Credit Rating' of small
business is being implemented by which government
institute?
(a) NSIC
(b) DIC
(c) Both of them
(d) None of them
​

Answer 1

Answer:

NSIC is the nodal agency for implementing the scheme of performance and credit rating for Micro & Small Enterprises through its various branches/offices located in the country.

Answer 2

The scheme of Performance and Credit Rating of small  business is being implemented by National Small Industries Corporation

Option (a)

Explanation:

• National Small Industries Corporation Limited was established by the Government of India. It falls under the Ministry of micro, small and medium enterprises of India.
• National Small Industries has been working in the country for promoting, providing aid and fostering the growth of micro, small and medium enterprises in the country.
• The 'National Small Industries' Corporation operates through a countrywide group of offices and 'technical Centers' in the Country. It has set up various training and Incubation Centers which is monitored by professional manpower.

To know more about National Small Industries corporation

Discuss the support provided by NSIC to small scale industries

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