Question

Which of the following Statements about NSIC is/are True?

I- NSIC comes under the MSME Ministry.

II- It is headquartered in New Delhi.

III- It was established in 1955 to promote and develop micro and small-scale industries and enterprises in the country.

A Only I Correct Answer Incorrect Answer
B Only II Correct Answer Incorrect Answer
C II & III Correct Answer Incorrect Answer
D I & II Correct Answer Incorrect Answer
E All of the above Correct Answer Incorrect Answer

Solution

National Small Industries Corporation Limited (NSIC) is a Mini Ratna government agency established by the Ministry of Micro, Small and Medium Enterprises, Government of India in 1955. It falls under Ministry of Micro, Small & Medium Enterprises of India. NSIC is the nodal office for several schemes of Ministry of MSME such as Performance & Credit Rating, Single Point Registration, MSME Databank, National SC ST Hub, etc.

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