ZED Scheme - GS questions based on daily current affairs

1)   The ZED scheme or the ZED Model will be implemented and monitored by

a. RBI
b. NABARD
c. QCI
d. PCI
Answer  Explanation 

ANSWER: QCI

Explanation:

  • QCI, Quality Council of India is the National Monitoring and Implementation Unit for this Scheme.
  • ZED Maturity Assessment Model is a unique & holistic certification system to assess and handhold processes of MSMEs to promote Zero Defect Zero Effect Manufacturing.
  • The mission of the scheme is to develop and implement a ‘ZED’ culture in India based on the principles of:
1) Zero Defect (focus on customer)
Zero non-conformance/non-compliance
Zero waste
2) Zero Effect (focus on society)
Zero air pollution/liquid discharge (ZLD)/solid waste
Zero wastage of natural resources


2)   Which of the following are benefits of the ZED scheme?

1) Reduced export rejection
2) Cleaner environment
3) Additional employment generation


a. 2, 3
b. 1, 2
c. 1, 3
d. All of the above
Answer  Explanation 

ANSWER: All of the above

Explanation:
Benefits of ZED

  • Credible recognition of the industry for international customers seeking investment in India
  • Streamlined operations and lower costs
  • Superior quality, reduced rejection and higher revenues
  • Increased environmental & social benefits
  • Additional employment generation
  • Other benefits as announced by the Government from time to time