Updated for 2026 Syllabus Detailed Explanations High-Yield Core Concepts

Bank Promotion Exam Guide

Banking Awareness | Banking Knowledge | for all Bank Exams

Module: General Practice

Q156: Which of the following activities is excluded and NOT eligible for registration as an MSME under the Udyam Registration portal?

A
Manufacturing of Leather Goods
B
Retail and Wholesale Trade
C
Gambling and Betting Activities
D
Renewable Energy Generation
✅ Correct Answer: C
Option C is excluded.
The Ministry of MSME maintains a list of activities (NIC Codes) that are not eligible for Udyam Registration.
This strictly includes Gambling, Betting, and Casinos, as well as Forestry, Logging, and Fishing (primary activities). Since July 2021, Retail and Wholesale Trade is eligible for Udyam registration, but their benefits are restricted mainly to Priority Sector Lending (PSL). They are not eligible for manufacturing subsidies.