New Register for Workshop on How to start for NABARD 2025 (Stepwise Plan) - Apr 26, 7 PM

    Question

    Which of the following sections of the MSMED Act, 2006

    is associated with the establishment of a 'Micro and Small Enterprises Facilitation Council'?
    A Section 15 Correct Answer Incorrect Answer
    B Section 7 Correct Answer Incorrect Answer
    C Section 17 Correct Answer Incorrect Answer
    D Section 8 Correct Answer Incorrect Answer
    E Section 23 Correct Answer Incorrect Answer

    Solution

    Section 15 of the MSMED Act, 2006 establishes the Micro and Small Enterprises Facilitation Council. This council is responsible for facilitating the settlement of disputes between buyers and MSMEs related to payments for goods and services.

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