To simplify the regulatory framework the Government introduced the Ease of Doing Business wherein an MSME unit has to fill in a one page self-declaration online form called _______.

Aadhaar Form

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MSME Application Form

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Udyog Aadhaar

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Aadhaar Udyog

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Solution

The correct option is A Udyog Aadhaar
Udyog Aadhaar:-
The idea behind introducing Udyog Aadhar was to simplify the procedural format that business owners had to go through in order to register their business under Micro Small Medium Enterprise or MSME.
Udyog Aadhar is nothing but a government registration that is provided along with a recognition certificate and a unique number in order to certify small/medium businesses or enterprises.
The central motive behind the launch of this facility was to offer a way to the government to provide the maximum benefits to medium or small-scale businesses or industries in India, who are registered via MSME through their Aadhar Card Number.

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Similar questions

Q. To simplify the regulatory framework the government introduced the 'ease of doing business' scheme wherein an MSME unit has to fill in a single one page self-declaration online form called ___________.

Q. Living steady state has a self regulatory mechanism called as

It is not an application of e-business

(a) Online bidding

(b) Online procurement

(d) Contract R&D

Q13. Consider the following statements about Ease of Doing Business Index:

1. Ease of Doing Business is an index of World Bank which inter alia refers to the dispute resolution environment in a country which facilitates the investors in deciding for setting up of and operation of a business.

2. India reached 100th ranked country in terms of ‘Ease of Doing Business’ amongst 190 countries.

Which of the above are statements are correct?

Q. Tax terrorism is seen as a major obstacle for our country with respect to ease-of-doing business. Elaborate. Suggest measures to simplify and streamline our tax collection process while improving our revenue position.

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