Economics · Indian Economy - MSME Sector
Consider the following statements regarding Micro, Small, and Medium Enterprises (MSMEs) in India: 1. MSMEs contribute significantly to India's total exports. 2. MSMEs face operational challenges such as limited access to formal credit and modern technology. 3. MSMEs operate entirely independently and do not require government policy assistance. Which of the statements given above is/are correct?
- 11, 2, and 3
- 21 and 3 only
- 31 and 2 only✓
- 42 and 3 only
Correct answer
1 and 2 only
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