Current Affairs · Banking and Economy
In September 2025, PhonePe Limited, in collaboration with the Small Industries Development Bank of India (SIDBI), launched an initiative for digital registration through the Udyam Assist Platform (UAP). Which of the following statements is/are INCORRECT regarding this initiative? 1. The initiative aims to formalise Informal Micro Enterprises (IMEs) across India through digital registration on the UAP. 2. The launch event was held in New Delhi in the presence of Union Minister Jitan Ram Manjhi. 3. The Udyam Assist Registration initiative was launched by the Ministry of Finance specifically to promote large-scale industrial units.
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