Question 2966

In December 2020, the Industries and Commerce Department of which state has signed a memorandum of understanding (MoU) with Small Industries Development Bank of India (SIDBI) to boost the MSME sector in the state?

Answer

Assam

Why?

The correct answer is Assam. The Industries and Commerce Department of Assam signed a memorandum of understanding (MoU) with the Small Industries Development Bank of India (SIDBI) to boost the MSME sector in the state. According to the MoU, a project management unit (PMU) will be deployed by SIDBI with the Government of Assam to monitor the micro, small and medium enterprises (MSME) sector. Assam: Chief Minister - Sarbananda Sonowal. Governor - Jagdish Mukhi. The number of districts - 33. Lok Sabha seats - 14. Rajya Sabha seats - 7.