Module: General Practice
Q116: The "ZED Certification" scheme is a key initiative by the Ministry of MSME to improve quality standards. What does the acronym "ZED" stand for, reflecting the government's vision for Indian manufacturing?
✅ Correct Answer: C
Correct Option: C. Concept: Quality & Sustainability (ZED Scheme). Meaning: Zero Defect: The product should be of high quality with no flaws or rejections.
Zero Effect: The manufacturing process should have no negative effect on the environment (Sustainability). Benefit: MSMEs with ZED certification (Bronze, Silver, or Gold) receive subsidies on technology upgrades and concessions on bank loan processing fees.
Zero Effect: The manufacturing process should have no negative effect on the environment (Sustainability). Benefit: MSMEs with ZED certification (Bronze, Silver, or Gold) receive subsidies on technology upgrades and concessions on bank loan processing fees.