GK
MARKETING MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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DIC
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SFCs
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SIDBI
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NABARD
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Detailed explanation-1: -SIDO is an apex body at Central level for formulating policy for the development of Small Scale Industries in the country, headed by the Additional Secretary & Development Commissioner(Small Scale Industries)under Ministry of Small Scale Industries Govt. of India.
Detailed explanation-2: -Small Scale Industries Board (SSIB): Small Scale Industries Board (SSIB) was constituted in 1954 by the government of India. Its primary aim was to provide advisory for the growth of small scale industries in the country.
Detailed explanation-3: -Financial institutions help small and medium-scale enterprises set up themselves in their initial business days. They provide long-term as well as short-term funds to these companies. The long-term fund helps them form capital, and short-term funds fulfill their day-to-day working capital needs.
Detailed explanation-4: -The ‘District Industries Centre’ (DICs) programme was started by the Central government in 1978 with the objective of providing a focal point for promoting small, tiny, cottage and village industries in a particular area and to make available all necessary services and facilities for entrepreneurs at one place.