Economics · Indian Economy
With reference to Micro, Small, and Medium Enterprises (MSMEs) in India, consider the following statements: (a) This sector is the overall largest employer of human resources in India after agriculture. (b) It generates more employment opportunities per unit of capital invested compared to large industries. (c) These industrial enterprises account for 45% of total employment in India. Which of the statements given above is/are correct?
- 1(a) only
- 2(b) only✓
- 3(a) and (c) only
- 4(a), (b), and (c)
Correct answer
(b) only
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