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

    Question

    Consider the following about ‘Udyami Bharat’

    programme. I. It aims to ramp up the MSME sector. II. It was launched by Minister of Commerce and Trade Shri Piyush Goyal. III. Rishabh Gupta was awarded with National MSME Awards, 2022. Which of the above statement is/are not correct?
    A I only Correct Answer Incorrect Answer
    B II only Correct Answer Incorrect Answer
    C III only Correct Answer Incorrect Answer
    D I and II Both Correct Answer Incorrect Answer
    E II and III Both Correct Answer Incorrect Answer

    Solution

    The Prime Minister participated in the ‘Udyami Bharat’ programme and launched key initiatives like ‘Raising and Accelerating MSME Performance’ (RAMP) scheme, ‘Capacity Building of First-Time MSME Exporters’ (CBFTE) scheme and new features of the ‘Prime Minister’s Employment Generation Programme’ (PMEGP) to ramp up the MSME sector. ‘Udyami Bharat’ is reflective of the continuous commitment of the government, right from day one, to work towards the empowerment of MSMEs. The government has launched several initiatives from time to time like MUDRA Yojana, Emergency Credit Line Guarantee Scheme, Scheme of Fund for Regeneration of Traditional Industries (SFURTI) etc. Prime Minister, Narendra Modi facilitated Rishabh Gupta with the prestigious 'MSME Award 2022' for his organization, Axiom Ayurveda based in Ambala, Haryana. He was among the 16 top candidates to be conferred during the ceremony.

    Practice Next

    Relevant for Exams: