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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 ‘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 ‘B’ CPSE status to Schedule ‘A’ CPSE status through a notification issued by the Ministry of Micro, Small and Medium Enterprises on 26 February 2026. Schedule ‘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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