Current Affairs Exam > Current Affairs Questions > With reference to the Udyog Aadhaar Memorandu...
Start Learning for Free
With reference to the Udyog Aadhaar Memorandum (UAM), consider the following statements:
1. UAM is a one-page registration form which constitutes a self-declaration format under which the MSME will self-certify its existence, bank account details, promoter/owner’s Aadhaar details and other minimum information required.
2. There shall be no fee for filing the Udyog Aadhaar Memorandum.
Which of the statements given above is/are correct?
- a)1 only
- b)2 only
- c)Both 1 and 2
- d)Neither 1 nor 2
Correct answer is option 'C'. Can you explain this answer?
| FREE This question is part of | Download PDF Attempt this Test |
Verified Answer
With reference to the Udyog Aadhaar Memorandum (UAM), consider the fol...
Ministry of Micro, Small and Medium Enterprises Extends Validity of Udyog Aadhaar Memorandum from 31st March, 2021 to 31st December, 2021.
- The Ministry for MSME in September 2015 notified Udyog Aadhaar to ensure ease of registration and wider coverage of MSMEs to avail the benefits under various Schemes of Central/ State governments.
- Udyog Aadhaar Memorandum (UAM) can be filled online on the portal created by Ministry of MSME.
- UAM is a one-page registration form which constitutes a self-declaration format under which the MSME will self-certify its existence, bank account details, promoter/owner’s Aadhaar details and other minimum information required.
- There shall be no fee for filing the Udyog Aadhaar Memorandum. On submission of the form, Udyog Aadhaar Acknowledgement shall be generated and mailed to the email address provided in the Udyog Aadhaar Memorandum which shall contain unique Udyog Aadhaar Number (UAN).
- Hence both statements are correct.
Most Upvoted Answer
With reference to the Udyog Aadhaar Memorandum (UAM), consider the fol...
Understanding Udyog Aadhaar Memorandum (UAM)
The Udyog Aadhaar Memorandum (UAM) is an important initiative by the Government of India aimed at simplifying the registration process for Micro, Small, and Medium Enterprises (MSMEs). Let's break down the two statements regarding UAM.
Statement 1: One-page registration form
- UAM is indeed a one-page registration form.
- It serves as a self-declaration format where MSMEs can self-certify their existence.
- The required details include:
- Bank account information
- Promoter or owner’s Aadhaar details
- Other essential information as specified by the authorities.
This statement is correct.
Statement 2: No fee for filing UAM
- There is no fee associated with filing the Udyog Aadhaar Memorandum.
- This initiative aims to encourage more MSMEs to register without the burden of financial costs.
This statement is also correct.
Conclusion
Since both statements accurately reflect the features of the Udyog Aadhaar Memorandum, the correct answer is:
c) Both 1 and 2
By facilitating a simple and cost-free registration process, UAM plays a crucial role in promoting the growth of MSMEs in India, enhancing their access to various benefits and schemes provided by the government.
The Udyog Aadhaar Memorandum (UAM) is an important initiative by the Government of India aimed at simplifying the registration process for Micro, Small, and Medium Enterprises (MSMEs). Let's break down the two statements regarding UAM.
Statement 1: One-page registration form
- UAM is indeed a one-page registration form.
- It serves as a self-declaration format where MSMEs can self-certify their existence.
- The required details include:
- Bank account information
- Promoter or owner’s Aadhaar details
- Other essential information as specified by the authorities.
This statement is correct.
Statement 2: No fee for filing UAM
- There is no fee associated with filing the Udyog Aadhaar Memorandum.
- This initiative aims to encourage more MSMEs to register without the burden of financial costs.
This statement is also correct.
Conclusion
Since both statements accurately reflect the features of the Udyog Aadhaar Memorandum, the correct answer is:
c) Both 1 and 2
By facilitating a simple and cost-free registration process, UAM plays a crucial role in promoting the growth of MSMEs in India, enhancing their access to various benefits and schemes provided by the government.
Attention Current Affairs Students!
To make sure you are not studying endlessly, EduRev has designed Current Affairs study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in Current Affairs.
|
Explore Courses for Current Affairs exam
|
|
Similar Current Affairs Doubts
Top Courses for Current AffairsView all
With reference to the Udyog Aadhaar Memorandum (UAM), consider the following statements:1. UAM is a one-page registration form which constitutes a self-declaration format under which the MSME will self-certify its existence, bank account details, promoter/owner’s Aadhaar details and other minimum information required.2. There shall be no fee for filing the Udyog Aadhaar Memorandum.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?
Question Description
With reference to the Udyog Aadhaar Memorandum (UAM), consider the following statements:1. UAM is a one-page registration form which constitutes a self-declaration format under which the MSME will self-certify its existence, bank account details, promoter/owner’s Aadhaar details and other minimum information required.2. There shall be no fee for filing the Udyog Aadhaar Memorandum.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? for Current Affairs 2024 is part of Current Affairs preparation. The Question and answers have been prepared according to the Current Affairs exam syllabus. Information about With reference to the Udyog Aadhaar Memorandum (UAM), consider the following statements:1. UAM is a one-page registration form which constitutes a self-declaration format under which the MSME will self-certify its existence, bank account details, promoter/owner’s Aadhaar details and other minimum information required.2. There shall be no fee for filing the Udyog Aadhaar Memorandum.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for Current Affairs 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for With reference to the Udyog Aadhaar Memorandum (UAM), consider the following statements:1. UAM is a one-page registration form which constitutes a self-declaration format under which the MSME will self-certify its existence, bank account details, promoter/owner’s Aadhaar details and other minimum information required.2. There shall be no fee for filing the Udyog Aadhaar Memorandum.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?.
With reference to the Udyog Aadhaar Memorandum (UAM), consider the following statements:1. UAM is a one-page registration form which constitutes a self-declaration format under which the MSME will self-certify its existence, bank account details, promoter/owner’s Aadhaar details and other minimum information required.2. There shall be no fee for filing the Udyog Aadhaar Memorandum.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? for Current Affairs 2024 is part of Current Affairs preparation. The Question and answers have been prepared according to the Current Affairs exam syllabus. Information about With reference to the Udyog Aadhaar Memorandum (UAM), consider the following statements:1. UAM is a one-page registration form which constitutes a self-declaration format under which the MSME will self-certify its existence, bank account details, promoter/owner’s Aadhaar details and other minimum information required.2. There shall be no fee for filing the Udyog Aadhaar Memorandum.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for Current Affairs 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for With reference to the Udyog Aadhaar Memorandum (UAM), consider the following statements:1. UAM is a one-page registration form which constitutes a self-declaration format under which the MSME will self-certify its existence, bank account details, promoter/owner’s Aadhaar details and other minimum information required.2. There shall be no fee for filing the Udyog Aadhaar Memorandum.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?.
Solutions for With reference to the Udyog Aadhaar Memorandum (UAM), consider the following statements:1. UAM is a one-page registration form which constitutes a self-declaration format under which the MSME will self-certify its existence, bank account details, promoter/owner’s Aadhaar details and other minimum information required.2. There shall be no fee for filing the Udyog Aadhaar Memorandum.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for Current Affairs.
Download more important topics, notes, lectures and mock test series for Current Affairs Exam by signing up for free.
Here you can find the meaning of With reference to the Udyog Aadhaar Memorandum (UAM), consider the following statements:1. UAM is a one-page registration form which constitutes a self-declaration format under which the MSME will self-certify its existence, bank account details, promoter/owner’s Aadhaar details and other minimum information required.2. There shall be no fee for filing the Udyog Aadhaar Memorandum.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
With reference to the Udyog Aadhaar Memorandum (UAM), consider the following statements:1. UAM is a one-page registration form which constitutes a self-declaration format under which the MSME will self-certify its existence, bank account details, promoter/owner’s Aadhaar details and other minimum information required.2. There shall be no fee for filing the Udyog Aadhaar Memorandum.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?, a detailed solution for With reference to the Udyog Aadhaar Memorandum (UAM), consider the following statements:1. UAM is a one-page registration form which constitutes a self-declaration format under which the MSME will self-certify its existence, bank account details, promoter/owner’s Aadhaar details and other minimum information required.2. There shall be no fee for filing the Udyog Aadhaar Memorandum.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? has been provided alongside types of With reference to the Udyog Aadhaar Memorandum (UAM), consider the following statements:1. UAM is a one-page registration form which constitutes a self-declaration format under which the MSME will self-certify its existence, bank account details, promoter/owner’s Aadhaar details and other minimum information required.2. There shall be no fee for filing the Udyog Aadhaar Memorandum.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice With reference to the Udyog Aadhaar Memorandum (UAM), consider the following statements:1. UAM is a one-page registration form which constitutes a self-declaration format under which the MSME will self-certify its existence, bank account details, promoter/owner’s Aadhaar details and other minimum information required.2. There shall be no fee for filing the Udyog Aadhaar Memorandum.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? tests, examples and also practice Current Affairs tests.
|
|
Explore Courses for Current Affairs exam
|
|
Suggested Free Tests
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
|
© EduRev
|
Education Revolution
|
Follow Us
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup