UNIT 4 Indian Economy & Financial System

What is the primary benefit of the MSME sector in India?

• Innovation
• Employment potential
• Exports
• Capital cost
• GDP contribution

What percentage of GDP does the MSME sector contribute?

• 0.28
• 0.3
• 0.35
• 0.4
• 0.45

When did the framework of Priority Sector Lending (PSL) originate in India?

• 1967
• 1975
• 1980
• 1990
• 1950

Which sectors are identified as Priority Sectors in India?

• Agriculture, MSMEs, Exports
• Education, Technology, Services
• Manufacturing, Housing, Social Infrastructure
• Infrastructure, Renewable Energy, Others
• All of the above

What is the priority sector lending target for Domestic commercial banks with 20 branches and above?

• 0.3
• 0.35
• 0.4
• 0.45
• 0.5

What are the sub-targets for the priority sector in the Agriculture category for Regional Rural Banks?

• 0.1
• 0.12
• 0.15
• 0.18
• 0.2

According to the new MSME definition, what is the maximum investment limit for a medium enterprise in plant and machinery or equipment?

• Rs. 5 crores
• Rs. 10 crores
• Rs. 25 crores
• Rs. 50 crores
• Rs. 2 crores

How many MSME units are there in India approximately?

• 34.2 million
• 36.1 million
• 40 million
• 42.5 million
• 30.5 million

What are the four pillars of the "Make in India" project?

• New Processes, New Infrastructure, New Sectors, New Mindset
• New Products, New Financing, New Export Markets, New Technologies
• New Regulations, New Investors, New Skills, New Competitors
• New Culture, New Workforce, New Leadership, New Ideals
• All of the above

What is the primary objective of the Start-up India Scheme?

• Encouraging small businesses
• Supporting start-ups
• Promoting cultural values
• Export promotion
• Supporting start-ups