Module: General Practice
Q59: The National Small Industries Corporation (NSIC) was established in 1955. Which of the following specific schemes is managed by NSIC to support the commercial needs of MSMEs?
✅ Correct Answer: C
Correct Option: C Concept: NSIC Commercial Mandate.
Differentiation: NSIC (The "Commercial" Arm): Focuses on Marketing and Raw Materials.
Under the RMA Scheme, it buys bulk material (steel/coal) and sells to MSMEs.
Under Consortia Marketing, it helps small units bid for large government tenders together.
KVIC: Manages PMEGP and SFURTI (Village industries focus). SIDBI/Ministry: Manages CGTMSE (Credit guarantee focus).
Differentiation: NSIC (The "Commercial" Arm): Focuses on Marketing and Raw Materials.
Under the RMA Scheme, it buys bulk material (steel/coal) and sells to MSMEs.
Under Consortia Marketing, it helps small units bid for large government tenders together.
KVIC: Manages PMEGP and SFURTI (Village industries focus). SIDBI/Ministry: Manages CGTMSE (Credit guarantee focus).