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NSIC stands for ________________

Options
- National Small Industrial Corporation Limited
- National Small Industrial Commercial Limited
- National Small Industrial Commission Limited
- None of the above

CORRECT ANSWER : National Small Industrial Corporation Limited
Discussion Board
Explanation

NSIC stands for National Small Industrial Corporation Limited and it was formed in 1955. It is a public sector undertaking and was formed by the Government of India. It aims to promote and foster the growth of industries in the country. It helps to supply raw materials such as coal, iron ore etc to the small scale industries. Earlier, it was an agency of the Government of India but later on, it turned into a fully owned government corporation.

Meera V Nair 05-4-2015 07:07 AM

 
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