BUSINESS ADMINISTRATION
ENTREPRENEURIAL DEVELOPMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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45%
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30%
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60%
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90%
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Detailed explanation-1: -SME Output: 45% of the total Indian manufacturing output. SME Exports: 40% of the total exports. Bank Lending: Accounts for 16% of bank lending.
Detailed explanation-2: -The MSME sector in India employs over 100 million people and accounts for 45% of manufacturing output and more than 40% of the country’s exports.
Detailed explanation-3: -The small-scale industry sector constitutes 95% of the country’s industrial units. It provides employment to more than 175 lakh individuals. SSIs contribute around 33.4% of manufacturing output in India and contribute over 30% of the GDP. They have become the backbone of the Indian economy.
Detailed explanation-4: -Small enterprises: 10 to 49 employees. Medium-sized enterprises: 50 to 249 employees. Large enterprises: 250 employees or more.