Module: General Practice
Q68: The Office of the Development Commissioner (MSME), formerly known as SIDO, functions as the nodal agency for the sector. Which of the following is NOT a primary function of this office?
✅ Correct Answer: B
Correct Option: B Concept: Role of DC-MSME vs.
Financial Institutions.
Reasoning: The Office of the Development Commissioner (DC-MSME) is a policy and facilitation body, not a bank.
Who Lends?
Direct lending is the function of Commercial Banks, SIDBI, and State Financial Corporations (SFCs). What does DC-MSME do?
It formulates policy, implements schemes (like Clusters and Technology Upgradation), and provides consultancy via MSME-DFOs.
Financial Institutions.
Reasoning: The Office of the Development Commissioner (DC-MSME) is a policy and facilitation body, not a bank.
Who Lends?
Direct lending is the function of Commercial Banks, SIDBI, and State Financial Corporations (SFCs). What does DC-MSME do?
It formulates policy, implements schemes (like Clusters and Technology Upgradation), and provides consultancy via MSME-DFOs.