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Question

Which of the following statements is/are correct with reference to the Regulatory Compliance Portal?

A Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry has launched a Regulatory Compliance Portal to minimize Regulatory Compliance Burden for Businesses and Citizens.
B It will also act as a first-of-its-kind central online repository of all Central and State-level compliances.
C Both A & B
D None of these
Answer & Explanation
Option: Both A & B

Explanation:

The Department for Promotion of Industry and Internal Trade (DPIIT) has launched a regulatory compliance portal that will act as a bridge between citizens, industries and the government to minimize burdensome compliances. It will also act as a first-of-its-kind central online repository of all Central and State-level compliances.
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