Institutional Support System for Entrepreneurs in India

Which of the following is part of the four-tiered institutional support system for entrepreneurs in India?

• Central Government

• Private Corporations

• International Organizations

• Local Businesses

In which year was the Micro, Small and Medium Enterprises development Act formulated?

• 2004

• 2005

• 2006

• 2007

What is the purpose of the National Board for Micro, Small and Medium Enterprises (NBMSME)?

• To regulate large corporations

• To examine factors affecting MSMEs and make policy recommendations

• To manage foreign trade

• To oversee agricultural policies

What does the National Commission for Enterprises in the Unorganised Sector (NCEUS) focus on?

• Promoting international trade

• Examining problems in the unorganized sector

• Developing technology for large enterprises

• Regulating financial markets

What year was the Small Scale Industries Board (SSIB) established?

• 1954

• 1982

• 1965

• 1975

What is one of the roles of the National Small Industries Corporation (NSIC) in supporting small enterprises?

• To provide tax incentives

• To aid establishment of technology transfer centres

• To develop large-scale infrastructure projects

• To manage foreign investments

What is the main focus of the Coir Board?

• Promoting international trade

• Developing urban infrastructure

• Promoting overall development of the coir industry

• Enhancing digital technology

What is one of the main objectives of the State Financial Corporation (SFC)?

• To provide seed capital assistance

• To regulate foreign trade

• To manage public transportation

• To oversee national defense

What is one of the roles of the State Small Industries Development Corporation (SSIDC)?

• To cater to the developmental needs of small industries

• To manage international trade agreements

• To regulate the stock market

• To oversee national education policies

When was the Federation of Associations of Small Industries of India (FASII) promoted?

• 1947

• 1959

• 1975

• 1985