Question

Which of the following statements is/are true about MSMEs?

• A. MSME stands for Micro, Small, and Medium Enterprises.
• B. MSMEs organise programmes to encourage youth to establish business activities.
• C. MSMEs encourage entrepreneurs of all types.
• D. MSMEs do not come under the purview of the government.

Answer 1

Answer: (A), (B), (C)

MSMEs encourage entrepreneurs of all types.

Ministry of Micro, Small, and Medium Enterprises (MSMEs) conducts entrepreneurship promotion and development programmes to encourage the youth by enlightening them on various aspects of industrial and business activities. These programmes are conducted for the youth and also other people who are interested in setting up their own ventures.