MSME Sector Transformation in India
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Questions and Answers

What is the main focus of the mega transformation in India’s MSME sector in 2020?

  • Improving ease of doing business
  • Digital data-based credit ratings (correct)
  • Trendy yet affordable khadi products
  • Launch of an Alibaba-like e-marketplace

    • What percentage of the Indian exports does the MSME sector contribute to?

  • 35%
  • 48% (correct)
  • 29%
  • 50%

    • What kind of loan has the World Bank recently approved for India’s MSME sector?

  • Loan worth $750 million to address liquidity and credit needs (correct)
  • Loan worth $500 million for infrastructure development
  • Loan worth $1 billion for technology upgradation
  • Loan worth $300 million for skill development

    • What is the urgency for major reforms and policy interventions in the MSME sector?

    <p>To ensure equitable distribution of national income</p> Signup and view all the answers

    Which sector is often considered the bulwark of the Indian economy?

    <p>MSME sector</p> Signup and view all the answers

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