CBSE · Class 11 · Business Studies · Small Business and EnterprisesNational Small Industries Corporation (NSIC) was established in which year?
Step-by-Step Solution
NSIC was established in 1955 by the Government of India to promote, aid and foster the growth of small business units in the country.
Detailed Options Breakdown
Option : 1947
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Small Business and Enterprises.
Option 1: 1955 (Correct Answer)
Correct choice. Refer to the step-by-step verified solution guidelines above for details.
Option 2: 1965
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Small Business and Enterprises.
Option 3: 1991
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Small Business and Enterprises.
💡 Study Guide: This question tests core syllabus concepts from Small Business and Enterprises. For formulas, key summaries, and mock exam reference guides, read the full Small Business and Enterprises Revision Notes.