New RBI Grade B 2025 Notification will come Soon! Enroll Here

    Question

    What is the maximum time frame within which MSMEs must

    file claims for delayed payments with the Facilitation Council?  
    A 30 days from the receipt of payment Correct Answer Incorrect Answer
    B 90 days from the receipt of payment Correct Answer Incorrect Answer
    C 60 days from the receipt of payment Correct Answer Incorrect Answer
    D 120 days from the receipt of payment Correct Answer Incorrect Answer
    E 180 days from the receipt of payment Correct Answer Incorrect Answer

    Solution

    MSMEs are allowed to file claims within 90 days for delayed payments under the MSMED Act, 2006.

    Practice Next