What does NSIC, the public sector enterprise under the Ministry of Micro, Small and Medium Enterprises, stand for?
Question and options
What does NSIC, the public sector enterprise under the Ministry of Micro, Small and Medium Enterprises, stand for?
National Small-scale Industries Commission
National Small Industries Council
National Scheme for Industrial Credit
National Small Industries Corporation
Answer and explanation
Correct answer: D - National Small Industries Corporation
NSIC is the National Small Industries Corporation Ltd, a Government of India enterprise under the Ministry of MSME that supports small enterprises with marketing, finance and technology services. It is a corporation, not a council or commission.
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