Question
Which of the following statements best describes the
relationship between the Micro, Small, and Medium Enterprises Development (MSMED) Act, 2006 , and the Insolvency and Bankruptcy Code (IBC), 2016 in relation to MSMEs?Solution
The MSMED Act, 2006 focuses on the promotion and development of MSMEs in India by providing a legal framework for their growth, facilitating access to finance, and ensuring easier registration. In contrast, the Insolvency and Bankruptcy Code (IBC), 2016 provides a detailed insolvency resolution process for firms, including MSMEs. Section 240A of the IBC specifically offers MSMEs a special protection in the insolvency process, providing them with a different resolution approach as compared to other companies. The MSMED Act facilitates growth, while the IBC addresses insolvency concerns with provisions specially designed for MSMEs, balancing protection and debt resolution.
On the basis of plant part used , the vegetables that are classified on the basis of stem used is ……………………
...Toned milk should contain minimum ____% fat and ___% SNF.
Where is cytokinin synthesis occurs in plants?
Agranal chloroplasts are found in _____
Crazy Chick disease in poultry is caused due to the deficiency of which of the following?
An irrigation project is called a medium irrigation project when the Culturable Command Area is__________.
On an average, the total solids in buffalo milk is:
The Agricultural year in India starts and ends on ____
Cut or excised leaves remain green for long if induced to root or dipped in_____
Calculate the real value of seed if the germination and purity percentage of seed is 80 and 100 respectively?
