NSIC Elevated to Schedule ‘A’ Central Public Sector Enterprise Status

The Ministry of Micro, Small and Medium Enterprises has officially upgraded the National Small Industries Corporation Limited (NSIC) from a Schedule ‘B’ to a Schedule ‘A’ CPSE.
This elevation grants the corporation significantly higher financial and operational autonomy, facilitating quicker investment decisions and more efficient implementation of government schemes.
The upgrade is expected to strengthen NSIC's role in policy execution and providing institutional support to the MSME sector across India.
Previously classified as a Miniratna Category-I entity, the upgrade marks a significant milestone in its organizational growth within the public sector hierarchy.

Key Facts / Static GK

Administrative Ministry: Ministry of Micro, Small & Medium Enterprises (MSME)
Nodal Agency for CPSE Categorization: Department of Public Enterprises (DPE), Ministry of Finance
Current Status: Miniratna Category-I

Q Practice Quiz — 4 March 2026

1. Which of the following benefits is primarily associated with a CPSE being upgraded from Schedule ‘B’ to Schedule ‘A’ status?

A Complete exemption from corporate tax

B Enhanced financial and operational autonomy for investment decisions

C Direct control over the Ministry of Finance

D Automatic promotion to Maharatna status

E Mandatory privatization within five years

Explanation: Upgrading a CPSE to Schedule 'A' status provides the entity with greater financial and operational autonomy, allowing for faster execution of government programs and more empowered decision-making regarding investments.

2. What is the total number of official members in the Hindi Advisory Committee of the Ministry of Chemicals and Fertilizers as per the recent announcement?

A 15 members

B 25 members

C 37 members

D 50 members

E 52 members

Explanation: The composition of the Hindi Advisory Committee includes 37 official members and 15 nominated members, headed by the Union Minister.

3. Where was the commissioning ceremony of INS Anjadip, the 3rd ASW-SWC vessel, held?

A Mumbai Port, Maharashtra

B Kochi Port, Kerala

C Chennai Port, Tamil Nadu

D Visakhapatnam Port, Andhra Pradesh

E Karwar Port, Karnataka

Explanation: INS Anjadip, nicknamed Dolphin Hunter, was commissioned by the Indian Navy at Chennai Port, Tamil Nadu.

4. Which of the following festivals announced by MoTA is correctly matched with its primary focus area?

A Tribes Art Fest — Commerce & Livelihood

B Living Roots Festival — Tribal Arts

C Bharat Tribes Fest — Culture & Music

D Living Roots Festival — Culture & Music

E Tribes Art Fest — Heavy Engineering

Explanation: According to the MoTA announcement, the Living Roots Festival (LRF) focuses on Culture & Music, while Tribes Art Fest focuses on Arts and Bharat Tribes Fest on Commerce.

5. National Waterway-2 (NW-2), where new infrastructure projects were recently inaugurated, corresponds to which river stretch?

A Ganga River (Haldia to Prayagraj)

B Brahmaputra River (Dhubri to Sadiya)

C West Coast Canal (Kottapuram to Kollam)

D Krishna River (Vijayawada to Muktyala)

E Godavari River (Bhadrachalam to Rajahmundry)

Explanation: National Waterway-2 (NW-2) is the designated waterway for the Brahmaputra River, spanning the stretch between Dhubri and Sadiya in Assam.

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