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Question

Which of the following is incorrectly to the Highlights of MSMEs from Union Budget 2026-27?

(i) Dedicated Support to MSMEs

(ii) Strengthening financial and Market access

(iii) Linking GeM with TReDS to standardize and expedite payments and working capital flow for MSMEs

(iv) Double digital window for faster clearances reducing delays and compliance burdens

This question was previously asked in
TNPSC Group 1 Prelims 2026 GS Question Paper (27-Sep-2026)
The correct answer is

(iv) only

The Union Budget 2026-27 gave a separate set of measures for Micro, Small and Medium Enterprises (MSMEs), which are central to manufacturing, exports and employment.

Dedicated support to MSMEs, strengthening their access to finance and markets, and linking the Government e-Marketplace (GeM) with the Trade Receivables Discounting System (TReDS) to speed up payments and working-capital flow are listed among these highlights.

Faster clearances with lower compliance burden are pursued through a single-window style digital system; a 'double digital window' is not a budget highlight, so statement (iv) is the incorrect one.

Hence only statement (iv) is incorrect.

Hence, (iv) only.

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Important Questions from Business and Economy

  1. To which Japanese automobile company, India has become the top global market both in terms of volumes as well as revenues?

  2. In Union Budget 2019, the government eased ______ to encourage start-ups in the country.

  3. With reference to the characteristics of a perfectly competitive market, which of the following statements is correct?

    ।. There are a large number of buyers and sellers in the market.

    II. Firms have free entry and exit in the market.

  4. Which of the following is an example of an indirect tax?

  5. ______ is defined as the study of the behavior of individual decision-making units such as consumers, resource-owners, and firms.

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