Question

    Which section of the MSMED Act, 2006 mandates the

    creation of a 'Grievance Redressal Mechanism' for MSMEs?
    A Section 14 Correct Answer Incorrect Answer
    B Section 15 Correct Answer Incorrect Answer
    C Section 18 Correct Answer Incorrect Answer
    D Section 19 Correct Answer Incorrect Answer
    E Section 21 Correct Answer Incorrect Answer

    Solution

    Section 18 of the MSMED Act, 2006 requires the establishment of a mechanism for the redressal of grievances related to MSME transactions. This includes issues related to payments and disputes, ensuring that MSMEs have access to a proper channel for resolving conflicts.

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