MCQ
Expand NSIC:
  • A
    National Small Industries Centre
  • B
    National Small Indian Corporation
  • C
    National Small Industries Corporation
  • D
    National Small Business Industries Center

Answer

(c) Licensing
Explanation:
Licensing refers to permitting another party in a foreign country to produce and sell goods under trademarks. patents or copyrights in lieu of some fee.(c) National Small Industries Corporation
Explanation:
National small industries corporation was set up in 1955 with a view to promote, aid, and foster the growth of small business units in the country.

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