A new scheme of __________ of small businesses is implemented through NSIC.

Project financing

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Performance and credit rating

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Management and technical support

No worries! We‘ve got your back. Try BYJU‘S free classes today!

All of the above

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is C Performance and credit rating
A new scheme of performance and credit rating of small businesses is implemented through NSIC.
NSIC in consultation with Credit Rating Agencies and Indian Banks’ Association has formulated a Performance and Credit Rating Scheme for Micro & Small Enterprises.

The National Small Industries Corporation (NSIC) has been appointed as a nodal agency by the Ministry of Micro, Small & Medium Enterprises to implement the scheme.

Suggest Corrections

Similar questions

Q. A new scheme of performance and credit rating of small businesses is implemented through National Small Industries Corporation (NSIC) with the twin objectives of ______________.

Mr. Piyush has started a new business. He will be getting a business credit card. He will use this credit card to make purchases for his business. This credit card is a type of:

Access to credit is a challenge for small businesses from both formal and informal sources.

Q. Komal, a construction worker, has a ration card from 1987, and she couldn't benefit from any new schemes that the government recently implemented. What could be the reason for this?

Q. Read through the Assertion and Reason, and chose the correct statement.

Assertion (A): Technical problems faced by farmers in India reduce the efficiency and productivity of agricultural fields.

Reason (R): Outdated techniques and the use of old agricultural implements are termed as technical problems.

Join BYJU'S Learning Program