📝 Multiple Choice Question
Polity
Which Bill was passed by the Parliament, in July 2021, to help in the availability of working capital for the micro, small and medium enterprises sector?
A
The Essential Commodities (Amendment Bill, 2020
B
The Minerals Laws (Amendment Bill, 2020
C
The Factoring Regulation (Amendment Bill, 2021
D
The Insolvency and Bankruptcy Code (Amendment Bill, 2021
Explanation
This bill amended the Factoring Regulation Act to widen the scope of entities engaging in factoring, thereby boosting immediate credit availability to MSMEs.
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