Business Studies · MSME Support Mechanisms
What is the primary role of the Micro and Small Enterprises Facilitation Council (MSEFC) in India?
- 1Regulating tax and GST compliance for small businesses
- 2Arbitrating and mediating delayed payment disputes with buyers✓
- 3Conducting surprise legal and environmental inspections
- 4Issuing statutory industrial operation licenses
Correct answer
Arbitrating and mediating delayed payment disputes with buyers
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