Q.9. Name the institution which was set up by the government of India in 1955 with a view to promote aid and foster the growth of small business units in the country. What are its functions?

Dear student, 

The institution described in the question is National Small Industries Corporation. The following are its functions:
  • Supply indigenous as well as imported machines on hire and purchase basis. 
  • Helps in increasing competitiveness by exporting the products. 
  • Helps in development and upgradation of technology by creating awareness. 
  • Provides marketing support by organising technology exhibitions, trade fairs

  • -1
What are you looking for?