What is/are the benefits of Udyog Aadhar Registration for MSMEs?

1) The applicant will receive financial support for participating in foreign expos to showcase their products.

2) After registering their MSME, the applicant will receive the benefits of government schemes such as a loan without guarantee or with subsidized rates of interest.

3) Registration would facilitate hassle-free opening of current bank accounts in the name of the business.

Select the correct answer using the codes below.

The Government has launched a new scheme namely “Financial Support to MSMEs in ZED Certification Scheme”. The objective(s) of the scheme includes

1) Promote adaptation of energy efficient manufacturing

2) Drive manufacturing with adoption of Zero Defect production processes and without impacting the environment.

3) Establish a MSME Product Certifying Authority (MPCA) to assess quality of their products

4) Support ‘Make in India’ campaign.

Select the correct answer using the codes below.

A ‘Task Force on Shell Companies’ under the Joint Chairmanship of Revenue Secretary and Secretary, Ministry of Corporate Affairs was constituted in February, 2017. What are ‘Shell Companies’?

Consider the following about India Brand Equity Foundation (IBEF) and associated provisions.

1) It is a non-profit NGO certifying khadi and handloom products.

2) Its objective is to promote and create international awareness of the ‘Made in India’ label in markets overseas.

3) India’s Foreign Trade Policy Statement released in 2015 emphasises the need of a branding strategy.

4) Activities of IBEF are limited to plantations, textiles and leather sectors.

Select the correct answer using the codes below.

Global Entrepreneurship Summit (GES)

1) was first organized by India following the years of the 1991 economic reforms

2) focusses exclusively on commercial as well as social ventures by women

Which of the above is/are correct?