BPSC – Combined Competitive Examination · Question 49
The share of Micro, Small and Medium Enterprises in the country's Gross Value Added (GVA) has increased from ____ in 2020-21 to ____ in 2022-23.
Show answer & explanation
Answer: (B) 27.3%, 30.1%
Explanation
Per official MSME data, the sector's GVA share rose from 27.3% to 30.1% between 2020-21 and 2022-23.
- (A) Incorrect
Wrong: these figures are too high.
- (B) Correct
Correct: MSME share in GVA rose from 27.3% (2020-21) to 30.1% (2022-23).
- (C) Incorrect
Wrong: these figures are too high.
- (D) Incorrect
Wrong: only option B is correct.