Question

    Which organization has recently launched the Trade Enablement & Marketing (TEAM) scheme with an outlay of Rs 277.35 crore to enhance e-commerce access for Micro and Small Enterprises (MSEs) via the Open Network for Digital Commerce (ONDC)?

    A Small Industries Development Bank of India (SIDBI) Correct Answer Incorrect Answer
    B Reserve Bank of India (RBI) Correct Answer Incorrect Answer
    C National Small Industries Corporation (NSIC) Correct Answer Incorrect Answer
    D Asian Development Bank (ADB) Correct Answer Incorrect Answer
    E Ministry of Micro, Small and Medium Enterprises (MSME) Correct Answer Incorrect Answer

    Solution

    - SIDBI: Primarily focuses on the development and financing of the MSME sector. - RBI: Central banking institution, not directly involved in MSME-specific schemes. - NSIC: Government enterprise under the Ministry of MSME, implementing the TEAM scheme. - ADB: Regional development bank, not involved in this scheme. - Ministry of MSME: Oversees MSME-related initiatives; NSIC, under this ministry, implements the TEAM scheme.

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