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

Q75: The "MSME Sustainable (ZED) Certification" scheme is a key component of the MSME Champions ethos. The scheme certifies MSMEs based on their systems and processes. What are the three certification levels (or gradients) currently offered under this scheme?

A
Standard, Advanced, and Premium
B
Level 1, Level 2, and Level 3
C
Bronze, Silver, and Gold
D
Basic, Intermediate, and Expert
✅ Correct Answer: C
The ZED (Zero Defect Zero Effect) Scheme offers three certification levels: Bronze (Basic), Silver (Intermediate), and Gold (Advanced). ZED aims to encourage MSMEs to produce goods with zero defects (Quality) and zero negative environmental effect (Sustainability). Certified units receive concessions in interest rates, processing fees, and financial assistance for testing.