📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

    âš¡ Month End Offer - Flat 52% Off On All Courses! Enroll Now âš¡
    00:00:00 AM Left

    Question

    As per the MSMED Act who shall be the Chairperson of the

    Micro and Small Enterprises Facilitation Council?
    A A representative of banks and financial institutions lending to micro or small enterprises Correct Answer Incorrect Answer
    B Director of Industries or an equivalent officer in the State Government overseeing small scale, micro, small, and medium enterprises Correct Answer Incorrect Answer
    C An office-bearer or representative of associations of micro or small industry or enterprises Correct Answer Incorrect Answer
    D A person having special knowledge in the field of industry, finance, law, trade, or commerce Correct Answer Incorrect Answer

    Solution

    Section 21.   Composition of Micro and Small Enterprises Facilitation Council: (2) The person appointed under clause (i) of sub-section (1) shall be the Chairperson of the Micro and Small Enterprises Facilitation Council. (1) The Micro and Small Enterprise Facilitation Council shall consist of not less than three but not more than five members to be appointed from amongst the following categories, namely:-- (i) Director of Industries, by whatever name called, or any other officer not below the rank of such Director, in the Department of the State Government having administrative control of the small scale industries or, as the case may be, micro, small and medium enterprises.

    Practice Next
    More Other Laws and Acts Questions
    ask-question