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      Question

      According to the notification issued by the Ministry of

      MSME on 26 February 2026, the National Small Industries Corporation (NSIC) was upgraded from which CPSE category to Schedule β€˜A’ status?
      A Schedule C Correct Answer Incorrect Answer
      B Schedule B Correct Answer Incorrect Answer
      C Schedule D Correct Answer Incorrect Answer
      D Schedule Mini Ratna Correct Answer Incorrect Answer
      E Schedule Maharatna Correct Answer Incorrect Answer

      Solution

      The National Small Industries Corporation Ltd. (NSIC) was upgraded from Schedule β€˜B’ CPSE status to Schedule β€˜A’ CPSE status through a notification issued by the Ministry of Micro, Small and Medium Enterprises on 26 February 2026. Schedule β€˜A’ status provides greater managerial authority, operational flexibility, and enhanced financial powers to the organisation. NSIC is a central public sector enterprise that has worked for more than seven decades to promote and support MSMEs through services such as skill development, marketing assistance, credit facilitation, and capacity-building programmes.

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