Updated for 2026 Syllabus Detailed Explanations High-Yield Core Concepts

Bank Promotion Exam Guide

Banking Awareness | Banking Knowledge | for all Bank Exams

Module: General Practice

Q69: Identify the correct statements regarding the MSME Development Facilitation Offices (MSME-DFOs), formerly known as Small Industries Service Institutes (SISIs):

They act as the field offices of the Office of the Development Commissioner (MSME).




They are responsible for the manual registration of MSMEs and issuance of certificates.




They provide technical consultancy, project profiles, and common facility services to local industries.
A
1 and 2 only
B
1 and 3 only
C
2 and 3 only
D
1, 2 and 3
✅ Correct Answer: B
Correct Option: B Concept: Functions of MSME-DFOs.
Statement 1 is Correct: MSME-DFOs are the "eyes and ears" of the Central Government (DC-MSME) in the field.
Statement 2 is Incorrect: MSME Registration is now fully online via the Udyam Registration Portal.
MSME-DFOs no longer issue manual certificates or handle registration.
Statement 3 is Correct: Their core job is Industrial Extension Service: providing technical consultancy, training, and preparing project profiles for new entrepreneurs.