Question
Under the MSMED Act, 2006, what is the maximum time
frame within which an MSME must file a claim for delayed payments with the Facilitation Council?Solution
The MSMED Act, 2006 allows MSMEs to file a claim for delayed payments within 90 days of the receipt of goods or services. If the payment is not made within the specified period, the MSME can seek intervention from the Facilitation Council.
What role does the National Board for Micro, Small, and Medium Enterprises (NBMSME) play under the MSME Development Act, 2006 ?
...Which of the following risk can reduce the value of a bond or other fixed rate investments?
Settlements, clearances, record maintenance, regulatory compliance, accounting, etc. are
functions of which level?
Which of the following is an Alternate reference interest rate for dollar denominated derivatives and loans that replaced LIBOR?
Which of the following government schemes is NOT directly related to improving the access to credit or finance for MSMEs in India?
Which of the following statements is/are correct in regards to The Planning Commission?
- Established in March 1950
As per Section 139 of the Companies Act, 2013, every company shall, at the first AGM, appoint an individual or a firm as an auditor who shall hold offic...
Which among the following may be defined as the cost of raising an additional rupee of capital?
What does ‘R’ in CRILC stand for?
...Under the Credit Linked Capital Subsidy Scheme for Technology Upgradation (CLCS-TUS), what is the maximum capital subsidy that a Micro or Small Enterpri...
