BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

ENTREPRENEURIAL DEVELOPMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
____ District Industries Centres are located ____
A
in each district.
B
in each state.
C
only in selected districts.
D
only in selected states.
Explanation: 

Detailed explanation-1: -district industries centers are located in almost every central district across the country. These DICs give out schemes for attracting small businesses, like the district industry center loan scheme.

Detailed explanation-2: -DIC | Industries & Commerce, Ladakh|UT Ladakh.

Detailed explanation-3: -District Industries Centre (DIC) is a central sector scheme with the objective of promoting small village and cottage industries in a particular area. The DICs have been established in various districts of India at varying times since 1978 when it was launched.

Detailed explanation-4: -(ii) District Industrial Centre (DIC) help in the following ways : (a) It identifies projects for setting up SSI unit. (b) It issues permanent registration certificate to SSI units. (c) It provides marketing support to SSI units. (d) It acts as a link between the entrepreneurs and the lead banks of districts.

Detailed explanation-5: -The purpose of the District Industry Centre is to promote the cottage and village industries of a certain district. DICs have been in operation since 1978 and help entrepreneurs get a loan for MSME (Micro, Small, and Medium Enterprises) at the district level.

There is 1 question to complete.