Which of the following is not one of the major objectives of the MSME ?
The major objectives of MSMEs in India are usually stated as generating employment with low capital, tapping small dispersed savings, utilising local resources and domestic…
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Which of the following is not one of the major objectives of the MSME ?
Answer and explanation
Correct answer B
The major objectives of MSMEs in India are usually stated as generating employment with low capital, tapping small dispersed savings, utilising local resources and domestic technology, and promoting rural development and balanced regional growth. Export promotion is a contribution that MSMEs make to the economy rather than one of their basic objectives, which is why it is the item that is not a major objective.
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UGC NET Management