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SHASHI KUMAR SINGH

· started a discussion

· 1 Months ago

Doubt about answer (Question:1097282.0)

I think answer should A

Question:

Which of the following organization helps in establishing small scale industries?

Options:
A)

SIDBI

B)

NABARD

C)

NHB

D)

SSI

Solution:

Ans: (d)

Small scale industries (SSI) are those industries in which manufacturing, providing services, productions are done on a small scale or micro scale. For example, these are the ideas of Small scale industries: Napkins, tissues, chocolates, toothpick, water bottles, small toys, papers, pens. Small scale industries play an important role in social and economic development of India.

Knowledge Expert

· commented

· 1 Months ago

Dear student,
SIDBI refinances loans extended by the primary lending institutions to small scale industrial units, and also provides resources support to them. SIDBI discounts and rediscounts bills arising from sale of machinery to or manufactured by industrial units in the small scale sector.

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