MCQs on Institutional Framework & MSME Financing | MSME Quiz
25 MCQs on Institutional Framework & MSME Financing
- Which institution provides marketing and finance support to MSMEs?
A) SIDO
B) NSIC
C) NIESBUD
D) RTC
Answer: B) NSIC - Which organization trains entrepreneurs and promotes entrepreneurship?
A) NSIC
B) SISI
C) NIESBUD
D) DIC
Answer: C) NIESBUD - SIDBI primarily finances:
A) Large Industries
B) MSMEs
C) Agricultural Farms
D) MNCs
Answer: B) MSMEs - District Industries Centers (DICs) are managed by:
A) SIDBI
B) State Governments
C) RBI
D) NSIC
Answer: B) State Governments - The apex body for MSME policy formulation at the central level is:
A) DIC
B) SIDO
C) NSIC
D) RTC
Answer: B) SIDO - RRBs primarily cater to:
A) Urban MSMEs
B) Rural MSMEs
C) Export Houses
D) Foreign Banks
Answer: B) Rural MSMEs - Which institution manages small-scale industry extension services?
A) SIDO
B) NISIET
C) CFTI
D) SFC
Answer: B) NISIET - Footwear training and support is provided by:
A) NIESBUD
B) PPDC
C) CFTI
D) RTC
Answer: C) CFTI - Which institution provides quality certification to MSME products?
A) RTCs
B) DICs
C) SIDBI
D) CFTI
Answer: A) RTCs - Which act was responsible for MSME policy reforms after 2006?
A) SME Act 2002
B) MSMED Act 2006
C) SIDBI Act
D) Banking Regulation Act
Answer: B) MSMED Act 2006 - What is the primary responsibility of SFCs?
A) Financing large corporates
B) Supporting small industries financially
C) Export subsidies
D) Regulating banks
Answer: B) Supporting small industries financially - Which government body supports infrastructure for MSMEs at the state level?
A) SIDBI
B) SIIC
C) DIC
D) RTC
Answer: B) SIIC - State Industrial Development Corporations (SIDCs) focus mainly on:
A) Software companies
B) Industrial Infrastructure
C) Urban Housing
D) Medical Research
Answer: B) Industrial Infrastructure - Enterprise perspective in MSME financing emphasizes:
A) Maximum Profit
B) Low-cost credit and accessibility
C) High-risk exposure
D) Stock trading
Answer: B) Low-cost credit and accessibility - Banker’s perspective in MSME financing emphasizes:
A) Risk minimization
B) Portfolio expansion
C) High return on loans
D) Subsidy management
Answer: A) Risk minimization - MSMEs contribute majorly to India’s:
A) IT Industry
B) GDP and employment
C) Oil Production
D) Mining Sector
Answer: B) GDP and employment - Which organization evaluates and supports export activities of MSMEs?
A) NIESBUD
B) SIDO
C) NSIC
D) CFTI
Answer: C) NSIC - Which institution offers cluster development programs for MSMEs?
A) SIDBI
B) SISI
C) RTC
D) NSIC
Answer: A) SIDBI - Small Industries Service Institutes (SISI) are now known as:
A) MSME-Development Institutes
B) RTCs
C) SIDC
D) DICs
Answer: A) MSME-Development Institutes - Which body is responsible for MSME data registration through Udyam Portal?
A) DICs
B) Ministry of MSME
C) NSIC
D) RTCs
Answer: B) Ministry of MSME - The financial institution specifically set up for small industries was:
A) IFCI
B) SIDBI
C) IDBI
D) NABARD
Answer: B) SIDBI - For priority sector lending, banks must allocate a minimum percentage of their credit to:
A) Agriculture only
B) MSME sector
C) Real Estate
D) Gold Loans
Answer: B) MSME sector - In MSME, CIBIL and MIRA reports are important for:
A) Technology innovation
B) Quality Certification
C) Creditworthiness assessment
D) Marketing promotion
Answer: C) Creditworthiness assessment - Financial support under CGTMSE scheme is aimed to provide:
A) High-interest loans
B) Collateral-free loans to MSMEs
C) Only export finance
D) Housing Finance
Answer: B) Collateral-free loans to MSMEs - Which of the following is not a state-level institution supporting MSMEs?
A) DIC
B) SIDBI
C) SFC
D) SIIC
Answer: B) SIDBI
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