Question
On which portal must an enterprise register to be
officially recognized as an MSME (Micro, Small, and Medium Enterprise) in India?Solution
• To be classified as an MSME, enterprises are required to register on the Udyam Registration Portal launched by the Ministry of MSME. • Upon successful registration, businesses are issued an Udyam Registration Certificate, which serves as official proof of MSME status. • Benefits of Udyam registration include access to: o Priority sector lending, o Subsidies and incentives, o Easier access to government schemes and tenders. • Other terms like UDGAM, UDYOG, UNNAT do not relate to official MSME registration. Hence, the correct answer is UDYAM.
Which of the following funds raised by a company would be classified as Quasi Equity?
The term “financial creditor” in the Insolvency and Bankruptcy Code (IBC) in India means?
Consider the following statements regarding the National Payments Corporation of India (NPCI):
1. It is an initiative of the Reserve Bank of Indi...
Interest rate futures and currency futures are regulated by
What is the role of reinsurance companies in the Indian insurance market?
What is the new INR Swap Window support included in the SAARC Currency Swap Framework for 2024-2027?
Which of the following are types of Liquidity risk?
I. Time risk
...
A person to whom financial debt has been legally assigned or transferred to, shall be termed in the Insolvency and Bankruptcy Code (IBC) in India as?
Which government initiative aims to provide collateral-free loans to MSMEs, particularly for startups , under the category of Shishu , Kishore , and Tar...
How capital adequacy ratio is calculated:
Relevant for Exams:
