2020
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Flipkart
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Amazon
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E-bay
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Myntra
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Detailed explanation-1: -At the 17th Confederation of Indian Industry (CII) Global SME Business Summit, Amazon.in and CII signed a Memorandum of Understanding (MoU) to bring the benefits of ecommerce to MSMEs in 10 states across India.
Detailed explanation-2: -As part of the initiative, Amazon will onboard MSMEs from the state on its Amazon Global Selling platform and train them to sell in the global market.
Detailed explanation-3: -Amazon India signs MoU with Gujarat govt to boost exports from the state.
Detailed explanation-4: -Financial Support to MSMEs in ZED Certification Scheme - Supporting the ‘Make in India’ initiative, the aim of the scheme is to inculcate Zero Defect & Zero Effect (ZED) practices in manufacturing done by Indian MSMEs. Under the scheme, the Government of India (GoI) provides up to 80% subsidy to MSMEs.
Detailed explanation-5: -MSMEs can avail discounts on interest rates on overdraft facilities from banks as well as under the Credit Guarantee Trust Fund Scheme. Schemes for assistance in setting up business incubators, start-up promotion programmes, networks of technology centres, mentoring and facilitation for fundraising, etc.