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Question Practice

Which of the following best describes the role of MSMEs in India's economy?

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MCQ_SA
CBSE
Class 11
Business Studies
Business Studies
MSME and Business Entrepreneurship
Question Bank

Which of the following best de...

Single Answer MCQ
Q-00064976

Which of the following best describes the role of MSMEs in India's economy?

1

They predominantly manufacture luxury goods.

2

They create a larger industrial workforce compared to large industries.

3

They mainly operate in urban areas without rural outreach.

4

They contribute to less than 10% of the GDP.

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Q1.

What does MSME stand for?

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Q2.

Which sector employs the largest number of people in India?

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Q3.

What percentage of India's GDP is contributed by the MSME sector?

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Q4.

Which of the following is NOT a characteristic of MSMEs?

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