New 55% Off on All Courses - Enroll Now! Click Here

    Question

    What is the purpose of the National MSME Council

    recently set up by the Ministry of Micro, Small and Medium Enterprises, Government of India?
    A To oversee inter-Central Ministerial/Departmental co-ordination Correct Answer Incorrect Answer
    B To provide financial assistance to small businesses Correct Answer Incorrect Answer
    C To regulate the functioning of MSMEs Correct Answer Incorrect Answer
    D To promote the growth of large-scale industries Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    The Ministry of Micro, Small and Medium Enterprises, Government of India organised the first meeting of the National MSME Council at Vigyan Bhawan, New Delhi. The National MSME Council has been set up to work as an administrative and functional body to oversee inter-Central Ministerial/Departmental co-ordination, Centre State synergies and advise/monitor progress on the reforms mandated in the MSME sector including the RAMP programme.

    Practice Next

    Relevant for Exams: