Current Affairs

GK MCQs Section
Q. Which Union Ministry is associated with C-PACE, which will help in closing down businesses?
Answer: Ministry of Corporate Affairs
Notes: The Centre for Processing Accelerated Corporate Exit (C-PACE) is going to be set up by the Indian Government to process and dispose of applications for removal of company names from the records under the companies law. It will help ease the process of closing down businesses and getting their names removed from the Register of Companies. Ministry of Corporate Affairs will implement the process.
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