Key Acts and Regulations Governing Entrepreneurship in India — Important Questions
ICSE · Class 11 · Entrepreneurship
65 important questions from Key Acts and Regulations Governing Entrepreneurship in India for ICSE Class 11 Entrepreneurship, with answers.
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Important Questions from Key Acts and Regulations Governing Entrepreneurship in India
Which of the following is a purpose of the Companies Act, 2013?
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Ensuring transparency and accountability,Protecting investors and shareholders,Regulating the entire life cycle of a company
The Companies Act supports transparency, investor protection, and regulation from incorporation to winding up.
Which actions can a company do in its own name after registration under the Companies Act, 2013?
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Own property,Enter into contracts,Borrow money
A registered company can own property, make contracts, and borrow money in its own name.
Which law is meant to promote, develop and strengthen micro, small and medium enterprises?
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The MSMED Act, 2006
The MSMED Act, 2006 is the law that supports and strengthens MSMEs.
MSMEs must register online under which system to access government benefits?
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Udyam system
MSMEs must register online under the Udyam system to access government benefits.
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