SSC Economics Sample Paper NCERT Sample Paper-3

  • question_answer
    Consider the following statements regarding SME (small and medium enterprises) of India:
    1. SME contribute the majority of Industrial production of India.
    2. SME contribute towards majority exports of India.
    3. NSE (National stock exchange) has an SME index but BSE (Bombay stock exchange) doesn't have the same. Which of the above statement are correct?

    A)  1, 2, 3 

    B)  2, 3

    C)  1, 3     

    D)  1, 2

    Correct Answer: D

    Solution :

    [d] Both NSE and BSE have an SME platform. (BSE launched it recently) The micro, small and medium enterprises (MSME) segment contributes 8% to the country's GDP and its share in the country's manufacturing output is 45%. According to industry estimates, MSME employment can grow at 12% over the next decade to reach nearly 140 million workforce by 2020, contributing around 20% of the country's GDP by then.

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