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Questions and Answers
What is the main focus of the mega transformation in India’s MSME sector in 2020?
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?
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?
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?
What is the urgency for major reforms and policy interventions in the MSME sector?
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Which sector is often considered the bulwark of the Indian economy?
Which sector is often considered the bulwark of the Indian economy?
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