Q. Consider the following statements regarding Udyam portal:
1. Registration under Udyam portal is based on self-declaration.
2. It is integrated with Goods and Services Tax Network (GSTN) as well as the government e-marketplace (GeM).
Which of the above statements is/are incorrect? 
Answer: D
Notes:
Both statements are correct
- Udyam registration portal was launched in 2020. It is an online self-declaration process for MSMEs.
- It simplifies the process of registering for any enterprise under the MSME category for them to avail benefits under various government schemes.
- Also, it is already integrated with the Central Board of Direct Taxes (CBDT), Goods and Services Tax Network(GSTN) as well as the government e-marketplace(GeM).
- As of July 2021, over 3.8 million MSMEs have registered on the Udyam portal.
Source: Article
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