The Industry and Service Sector During Post Reform Period MCQ | 60 Free MCQs

11. In 1999, the investment limit of small scale unit was determined at…………
a. Rs 25 Cr
b. Rs 50 Cr
c. Rs 1 cr
d. Rs 5 Cr

12. The MSME Act was passed in………….
a. 2005
b. 2002
c. 2008
d. 2006

13. According to MSME Act, micro manufacturing units are classified as those with investment limit of………….
a. Rs 25 lakh
b. Rs 50 lakh
c. Rs 1 Cr
d. Rs 75 lakh

14. …………units in ……………. sector have an investment range between Rs 2 cr and rs 5 cr.
a. Medium, manufacturing
b. micro, manufacturing
c. small, service
d. medium, service

15. A separate ministry for small industries was sept up in……………..
a. 1991
b. 1999
c. 2007
d. 2005

16. ……………. is a nodal development agency for the MSME sector.
a. Divisional Commissioner MSME
b. Development Commissioner MSME
c. Directorate General MSME
d. Development Council MSME

17. …………….. is a SIDBI initiative that provides capital to new SME start ups.
a. ISARC
b. Credit Guarantee Fund Trust
c. CLCSS
d. SIDBI venture capital limited

18. …………. is not a SIDBI initiative.
a. ICRA
b. SMERA
c. CGFT
d. ISARC

19. MSME-MDA does not provide funding to MSMEs for……………..
a. Participation in international trade fairs
b. Acquiring quality and environmental certifications.
c. carrying out sector specific market studies
d. contesting anti-dumping cases

20. The scheme to improve ease of doing business in the MSME sector is……………
a. SFURTI
b. UAM
c. CLCSS
d. ASPIRE

Answers: 11)Rs 1 cr 12)2006 13)Rs 25 lakh 14)medium, service 15)1999 16) Development commissioner MSME 17)SIDBI venture capital limited 18)ICRA 19)Acquiring quality and environmental certifications 20)UAM