Subject: Economics
Book: Comprehensive Indian Economy
MSMEs form the backbone of India’s industrial output and job market, especially in rural areas. They face hurdles in credit accessibility, technology adoption, and marketing. Schemes like MUDRA loans aim to ease financing, while cluster development programs promote collaboration. The revised MSME definition (based on turnover) broadens coverage. Key exam themes: analyzing how MSMEs boost local incomes, the role of SIDBI, and reasons behind frequent sickness (lack of economies of scale, poor infrastructure). Reforms to address skill gaps and e-commerce integration can be crucial to uplift MSME competitiveness.
What is “quantitative easing”?
View QuestionWhat is the main function of the Reserve Bank of India (RBI)?
View QuestionWhat is the term for the ability of an economy to produce more output from the same inputs?
View QuestionWhat is meant by “liquidity trap”?
View QuestionWhat does the term “capital account” refer to in the balance of payments?
View QuestionWhat is meant by “crowding out” in economics?
View QuestionWhat is the primary role of the Securities and Exchange Board of India (SEBI)?
View QuestionWhich of the following causes demand-pull inflation?
View QuestionWhat does the term “national income” refer to?
View QuestionWhich of the following is a feature of monopolistic competition?
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