10 Questions
What is the primary purpose of obtaining various registrations and licenses for a business entity in India?
To comply with regulatory requirements and operate legally
Which of the following statements is true about the 'Ease of Doing Business' ranking by the World Bank?
Both (a) and (b)
Which of the following forms of business entities is compulsory to register under a specific law in India?
Limited Liability Partnership (LLP)
What initiative did the Government of India launch in 2014 to improve the business environment?
An ambitious program of regulatory reforms
Based on the information provided, which of the following statements is true about India's business environment?
India has emerged as one of the most attractive destinations for investments and doing business
What is the significance of the 'Ease of Doing Business' ranking by the World Bank for a country like India?
All of the above
Which form of business entity does not require any registration under a specific law in India?
Both (a) and (b)
What is the primary objective of the Government of India's program of regulatory reforms, as mentioned in the text?
To create a more business-friendly environment
Based on the information provided, which of the following statements is incorrect?
The World Bank's Ease of Doing Business Report considers only the regulatory environment for setting up a business
Which of the following statements is true based on the information provided in the text?
India has made significant progress in improving its business environment
Explore the process of securing registration and licenses for setting up businesses in India. Learn about the mandatory requirements, additional initial registrations, and detailed procedures for obtaining licenses. Discover the concept of 'Ease of Doing Business' and how it is assessed by the World Bank annually.
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