Correct option is B
On 29 July 2024, the Ministry of Defence (MoD) and the National Stock Exchange of India Limited (NSE) signed a Memorandum of Understanding (MoU) to facilitate capital market access for Micro, Small, and Medium Enterprises (MSMEs) in the defence sector.
The MoU is valid for five years.
The Department of Defence Production (DDP) and NSE will conduct awareness drives, including seminars, MSME camps, knowledge sessions, roadshows, and workshops.
NSE will assist MSMEs in connecting with intermediaries like merchant bankers, registrars, transfer agents, and depositories.
This initiative is part of the government's efforts to promote 'Make in India' and 'Atmanirbhar Bharat' by encouraging indigenous design, development, and manufacture of defence equipment.