A
It is an online self-declaration registration system introduced by the Ministry of MSME for enterprise classification.
B
It is an offline physical registration desk operated by district industries centers.
C
It is managed by the Reserve Bank of India to track micro-credit disbursement.
D
It is a mandatory portal exclusively for large-scale multinational corporations operating in India.
Correct answer: (a) It is an online self-declaration registration system introduced by the Ministry of MSME for enterprise classification.
Explanation
Option A is correct because the Udyam portal is an online self-declaration registration system introduced by the Ministry of MSME for classifying enterprises under the MSMED Act. The other options misstate its nature, target audience, or administering body.
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UPSC has asked this before
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