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EconomyMedium

Under the Government's Public Procurement Policy, what share of procurement is mandated from SC/ST micro and small enterprises?

  1. A.3 per cent
  2. B.4 per cent
  3. C.20 per cent
  4. D.25 per cent

Correct answer

B. 4 per cent

Explanation

The correct answer is 4 per cent. The round table with Central Public Sector Enterprises was convened precisely to monitor how far they have met the mandated four per cent sourcing from micro and small enterprises owned by Scheduled Caste and Scheduled Tribe entrepreneurs. Option A is wrong because no three per cent requirement figures in this policy. Options C and D are wrong because they confuse this specific sub-target with the much larger overall share of procurement reserved for micro and small enterprises as a whole; the SC/ST slice is a carve-out within that wider commitment, not the commitment itself. Candidates should link the figure to the body that handholds these enterprises, the National SC-ST Hub, and to the reported growth of more than 36 times in such procurement since the scheme was launched.

Read the full article: MSME Ministry Reviews 4% SC/ST Procurement by CPSEs

Q1.EconomyMedium

Which scheme of the MSME Ministry handholds SC/ST micro and small enterprises for public procurement?

  1. A.National SC-ST Hub Scheme
  2. B.Prime Minister's Employment Generation Programme
  3. C.Credit Guarantee Fund Trust for Micro and Small Enterprises
  4. D.Udyam Registration
Show answer
Correct answer: A. National SC-ST Hub Scheme

The Joint Secretary told the round table that the promotion and handholding done under this scheme has steadily raised the share of SC/ST micro and small enterprises in public procurement, and the scheme's field offices are the ones being asked to coordinate more closely with the Government e-Marketplace and with…

Q3.EconomyMedium

Which requirement for claiming incentive has been discontinued in the new round of PLI-MD?

  1. A.The minimum sales threshold
  2. B.The export obligation
  3. C.The domestic value addition norm
  4. D.The employment guarantee
Show answer
Correct answer: A. The minimum sales threshold

Learning from the first phase, the department removed the condition that an applicant had to cross a stated level of sales before claiming the incentive, and it also trimmed the minimum investment requirement.