GK
MARKETING MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Provision of land
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Provision of marketing facilities
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Arrangement of credit and raw materials
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All the above
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Detailed explanation-1: -Small Industries Development Fund (SIDF) – set up in 1986 to provide refinance (i.e. finance to the financial institutions in lieu of their lending to SSIs) assistance for development, expansion, modernization, rehabilitation of SSIs.
Detailed explanation-2: -Earlier industries that manufactured goods, produced goods and provided services on a small scale or micro-scale were granted Small Scale Industries (SSI) registration. Subsequently, the government passed the MSME (Micro, Small and Medium Enterprises) Act in 2006. The small and micro industries came under the MSME Act.
Detailed explanation-3: -3 Facilitates trade-Small scale industries helps in generating output which is used for trade with foreign countries. Govt provides subsidies to different sectors to encourage production and improve profit for them.
Detailed explanation-4: -PMMY or Pradhan Mantri Mudra Yojana. CGS or Credit Guarantee Scheme. Bank Credit Facilitation Scheme. Stand-Up India Scheme: SMILE or SIDBI Make in India Loan for Enterprises: MSME Loans for start-ups in 59 minutes:
Detailed explanation-5: -(1) Equitable Allocation of Raw Materials, Imported Components and Equipment: (2) Improvement in the Methods and Techniques of Production: (3) Provision of Adequate Finance: (4) Marketing Assistance: (5) Industrial Education and Training: More items