Consider the following statements about the Micro, Small and Medium Enterprises (MSMEs): 1. MSMEs comprise a dynamic sector of the Indian economy providing large employment opportunities. 2. MSMEs require low capital cost and help industrialization of backward regions. 3. MSMEs contribute enormously to socio-economic development. How many of the above statements is/are correct?

Consider the following statements with reference to India: 1. According to the 'Micro, Small and Medium Enterprises Development (MSMED) Act, 2006', the 'medium enterprises' are those with investments…

With reference to India, consider the following pairs: [Organization – Union Ministry]: I. The National Automotive Board – Ministry of Commerce and Industry; II. The Coir Board – Ministry of Heavy In…

Consider the following statements about the Indian Institute of Entrepreneurship (IIE): 1. The IIE was established in 1999 in Guwahati. 2. The main aim of the institute is to provide training, resear…

Which of the following statements about M1xchange's role in Micro, Small & Medium Enterprises (MSMEs) financing is/are correct? 1. M1xchange provides collateral based loans to MSMEs. 2. M1xchange fac…

Which of the following statements about Crowdfunding is/are correct? 1. Crowdfunding is solicitation of funds (small amount) from multiple investors through a web-based platform or social networking…