Name the company that has recently announced a partnership with the Federation of Indian Micro and Small and Medium Enterprises(FISME) to empower Micro, Small & Medium Enterprises (MSMEs).

BANKING GENERAL KNOWLEDGE

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

A	Amazon India
B	Flipkart
C	Myntra
D	Ebay

Explanation:

Detailed explanation-1: -New Delhi: Amazon India Thursday said it has partnered with FISME to help micro, small and medium enterprises (MSMEs) tap into opportunities in the e-commerce sector.

Detailed explanation-2: -It is the apex executive body for the formulation and administration of rules, regulations and laws relating to micro, small and medium enterprises in India. The Minister of Micro, Small and Medium Enterprises is Narayan Rane.

Detailed explanation-3: -As per data from the Ministry of Micro, Small & Medium Enterprises, as of November 25 2022, the Udyam Registration portal registered 12, 201, 448 MSMEs, replacing the former process of filing for a Udyog Aadhaar Memorandum (UAM).

Detailed explanation-4: -MSMEs are micro, small and medium enterprises that engage in the service sector or the manufacturing, processing, production and preservation of goods. MSMEs contribute significantly to India’s total GDP, and the government’s objective is to raise this contribution to 50% in the coming years.

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