2.To provide financial assistance to small businesses
3.To regulate the functioning of MSMEs
4.To promote the growth of large-scale industries
5.None of the above
Correct Answer : 1
Solution :
The National MSME Council, established by the Ministry of Micro, Small and Medium Enterprises, serves as an administrative and functional body under the Raising and Accelerating MSME Performance (RAMP) programme. Its primary purpose is to coordinate efforts among Central Ministries/Departments, facilitate Centre-State synergies, and provide guidance and monitor progress in MSME sector reforms.
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