Which of the following statements is/are correct with reference to the Micro, Small and Medium Enterprises (MSMEs)?

Which of the following statements is/are correct with reference to the Micro, Small and Medium Enterprises (MSMEs)?

A. Now only PAN and Aadhaar will be required for registration of MSMEs.

B. Government had announced a special incentive package of 20 lakh crore rupees under Aatmanirbhar Bharat Abhiyan.

C. Both A & B

D. None of these

Explanation:

The Ministry for Road Transport & Highways and Micro, Small and Medium Enterprises recently announced simplification of process for registration of Micro, Small and Medium Enterprises where now only PAN and Aadhaar will be required for registration of MSMEs. In order to boost the economic activities of MSMEs, the Government had announced a special incentive package of 20 lakh crore rupees under Aatmanirbhar Bharat Abhiyan.