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Question Practice

Which of these statements about MSMEs is a common misconception?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

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

Which of these statements abou...

Single Answer MCQ
Q-00064989

Which of these statements about MSMEs is a common misconception?

1

They contribute significantly to employment.

2

They primarily rely on innovative practices.

3

They are not important for export.

4

They also include micro and small enterprises.

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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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