1. Consider the following statements related to Zero Defect Zero Effect scheme
1. It aims to rate and handhold all MSMEs to deliver top quality products using clean technology.
2. Production mechanisms wherein products have no defects and zero adverse environmental and ecological effects.
Select the correct answer using the code given below.
c) Both 1 and 2
Explanation: ZED Scheme aims to rate and handhold all MSMEs to deliver top quality products using clean technology. It will have sector-specific parameters for each industry. MSME sector is crucial for the economic progress of India and this scheme will help to match global quality control standards. The slogan of Zero Defect, Zero Effect (ZED) was first mentioned by PM NarendraModi in his Independence Day speech in 2014. It was given for producing high quality manufacturing products with a minimal negative impact on environment