Question : SIDO is related to the development of
Option 1: Small industries
Option 2: Steel industry
Option 3: Soap industry
Option 4: Sugar Industry
Answer (1)
19th Jan, 2024
Correct Answer: Small industries
Solution : The correct answer is Small industries .
SIDO stands for Small Industries Development Organisation. According to the revised Micro, Small, and Medium Enterprises Development (MSMED) Act, 2020, small enterprises are those that have an investment of not more than Rs. 10 crore and an annual turnover of not more than Rs. 50 crore.
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