What does ZED stand for in the context of MSMEs and certification in manufacturing?
A
Zero Defect Zero Effect
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B
Zero Effect Zero Defect
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C
Zero Effectiveness Zero Defectiveness
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D
Zero Delays Zero Effect
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Solution
The correct option is A Zero Defect Zero Effect
The Government has launched a new scheme namely “Financial Support to MSMEs in ZED Certification Scheme”. The objective of the scheme for promotion of Zero Defect and Zero Effect (ZED) manufacturing amongst micro, small and medium enterprises (MSMEs) and ZED Assessment for their certification so as to Production mechanisms wherein products have no defects. Production process which has zero adverse environmental and ecological effects.