New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Under the MSMED Act, 2006, which provision allows the

    Central Government to exempt certain small enterprises from the application of provisions of the Act?
    A Section 7 Correct Answer Incorrect Answer
    B Section 9 Correct Answer Incorrect Answer
    C Section 10 Correct Answer Incorrect Answer
    D Section 29B Correct Answer Incorrect Answer
    E Section 15 Correct Answer Incorrect Answer

    Solution

    Section 29B of the MSMED Act empowers the Central Government to exempt certain small enterprises based on criteria such as the number of workers or investment in the industrial undertaking.

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