Current Affairs medium MCQ

MSMEs (Micro, Small & Medium Enterprises) contribute approximately what percentage to India's GDP?

  1. 30%
  2. 20%
  3. 40%
  4. 15%

Answer: 30%

MSMEs contribute approximately 30% to India's GDP, about 45% of exports, and employ over 11 crore people — making them the backbone of India's economy.

Topic India MSME
Exam Relevance UPSC, SSC, Banking