MCQs on MSME and Related Topics
Multiple Choice Questions on MSME and Related Topics
- Which Ministry governs MSMEs in India?
A) Ministry of Finance
B) Ministry of Skill Development
C) Ministry of Micro, Small and Medium Enterprises
D) Ministry of Commerce - What does CGTMSE stand for?
A) Central Guarantee for Microfinance Scheme
B) Credit Guarantee Fund Trust for Micro and Small Enterprises
C) Central Growth Trust for MSMEs
D) Credit Growth and Trust Mission - PMEGP is primarily aimed at:
A) Export Promotion
B) Employment Generation
C) Rural Electrification
D) Large Industry Support - NEF stands for:
A) National Entrepreneurship Fund
B) North East Fund
C) New Economy Fund
D) None of the above - What is the maximum collateral-free loan amount under CGTMSE?
A) ₹1 crore
B) ₹5 crore
C) ₹2 crore
D) ₹10 crore - The ZED scheme aims at:
A) Rural Electrification
B) Zero Defect, Zero Effect manufacturing
C) Export Subsidy
D) Financial Auditing - Which of these is not covered under TUFS?
A) Steel Manufacturing
B) Technical Textiles
C) Modernization of Textile Machinery
D) Weaving and Knitting Machines - Environmental Impact Assessment is important for:
A) Tax filing
B) Industrial sustainability and compliance
C) Employee recruitment
D) Export documentation - Business Development Services do not include:
A) Market linkage
B) Finance access
C) Criminal background check
D) Technology transfer - Who implements the PMEGP scheme?
A) FICCI
B) NABARD
C) Khadi and Village Industries Commission (KVIC)
D) NASSCOM - SMEs contribute approximately what percentage to India's GDP?
A) 10%
B) 30%
C) 50%
D) 70% - What is the full form of TUFS?
A) Technology Upgradation Fund Scheme
B) Textile Upgradation and Funding Scheme
C) Technological Union Fund Scheme
D) None of the above - NEF primarily supports entrepreneurs from:
A) Southern India
B) North East India
C) Foreign investors
D) Urban conglomerates - What is one major goal of MSME Development initiatives?
A) Promote entrepreneurship and innovation
B) Expand multinational corporations
C) Increase agricultural dependency
D) Privatize public banks - Business Development Service Providers offer:
A) Market access and training
B) Housing subsidies
C) Road construction advice
D) Political campaign services - CGTMSE is a joint initiative by the Government of India and:
A) SIDBI
B) SIDBI and Ministry of MSME
C) RBI
D) IFCI - Which scheme helps set up self-employment ventures?
A) MGNREGA
B) MSMED Act
C) PMEGP
D) Stand-Up India - What does MIRA report relate to in MSME finance?
A) Risk assessment
B) Agricultural data
C) Export duty
D) GST returns - Which institution prepares the D&B report for credit analysis?
A) Dun & Bradstreet
B) SIDBI
C) NABARD
D) RBI - Productivity in SMEs can be improved by:
A) Lean manufacturing techniques
B) Increasing working hours
C) Hiring more casual labor
D) Reducing training efforts - Which tool ensures pollution-free production processes?
A) ISO 45001
B) SWOT Analysis
C) Environmental Impact Assessment (EIA)
D) HR Audit - The ZED scheme is best associated with:
A) Financial Auditing
B) Quality and Environmental Standards
C) Subsidy transfer
D) Labour law enforcement - MSMEs are classified based on:
A) Investment and turnover
B) Area of operation
C) Year of establishment
D) Ownership model - Which of the following schemes provides support for quality certification?
A) ZED
B) PMGSY
C) MNREGA
D) UJJWALA - Which is a major challenge in MSME development?
A) Overregulation
B) Lack of access to finance
C) Too many government subsidies
D) Saturated export markets
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