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Question

What is meant by MSME?

The correct answer is
Medium, Strategic and Micro Enterprises

MSME Meaning

MSME is an acronym. Based on the provided options, it stands for Medium, Strategic and Micro Enterprises.

This classification identifies different categories of businesses based on their size and strategic importance:

  • Medium Enterprises
  • Strategic Enterprises
  • Micro Enterprises

Understanding these categories is crucial for various business regulations and support schemes.

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Important Questions from Industry And Infrastructure

  1. The classification of Micro, Small and Medium enterprises is based on which of the following factors?
    1. Annual turnover
    2. Number of workers
    3. Investment in plant and machinery or equipment
    Select the answer using the codes given below :
  2. Match List I with List II and select the correct option from the given codes.
     

    List – IList – II
    A. Five Indian Institutes of Technology (IITs) were started as major technical institutionsIV. First Five-Year Plan
    B. KVIC (Khadi Village Industries Commission) was set upIII. Second Five-Year Plan
    C. Gadgil YojnaII. Third Five-Year Plan
    D. The Minimum Needs Program (MNP) was launchedI. Fifth Five Year Plan
  3. Match List I with List II. 
     

    List – I (Thermal Power Plants in India)List – II (States)
    A. NTPC Ramagundam Super Thermal Power PlantI. Maharashtra 
    B. Mundra Thermal Power StationII. West Bengal
    C. Mejia Thermal Power StationIII. Telangana
    D. Trombay Thermal Power PlantIV. Gujarat
  4. How many Industrial Area Development Authorities are Working in Jharkhand?
  5. In which Five-Year plan was Bokaro steel plant established?
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