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Identify which of the following is not an advantage of the MSME sector? (Choose the correct alternative). a) It is suited for the utilization of local resources. b) It is helpful in creation of employment opportunities. c) It requires more capital than labour. d) It ensures equitable distribution of income in the country.?
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Identify which of the following is not an advantage of the MSME sector...
Disadvantages of MSME Sector

The MSME (Micro, Small, and Medium Enterprises) sector is considered to be the backbone of the Indian economy. It has several advantages, but there are also some disadvantages that need to be considered. The correct alternative that is not an advantage of the MSME sector is "c) It requires more capital than labour."

1. Limited Access to Finance
MSMEs often face challenges in accessing finance due to a lack of collateral or a credit history. This limits their ability to invest in their businesses and expand their operations.

2. Lack of Technology and Innovation
Many MSMEs are unable to keep pace with technological advancements due to a lack of resources and expertise. This hampers their ability to innovate and compete in the market.

3. Poor Infrastructure
Poor infrastructure, such as inadequate transportation, power supply, and communication facilities, can hinder the growth of MSMEs. This makes it difficult for them to transport goods and communicate with customers and suppliers.

4. Inefficient Regulatory Framework
The regulatory framework for MSMEs in India is often complex and inefficient, making it difficult for them to comply with regulations and obtain necessary licenses and permits.

5. Low Export Competitiveness
Many MSMEs in India are unable to compete in the global market due to their small size, low production capacity, and lack of resources. This limits their ability to take advantage of export opportunities and increase their revenue.

Conclusion
While the MSME sector has several advantages, such as the utilization of local resources, creation of employment opportunities, and equitable distribution of income, there are also some disadvantages that need to be addressed. These include limited access to finance, lack of technology and innovation, poor infrastructure, inefficient regulatory framework, and low export competitiveness.
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Identify which of the following is not an advantage of the MSME sector...
Option (C)
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Read the following hypothetical text and answer question that follow:India’s Micro, Small and Medium Enterprises (MSME) sector is poised for a mega transformation in 2020, with the launch of an Alibaba-like e-marketplace, trendy yet affordable khadi products to appeal to the masses and digital data-based credit ratings to help entrepreneurs avail loans. However, the MSME sector is often considered the bulwark of the economy as it contributes around 29% to the GDP and 48% to the Indian exports. There is an urgent need of major reforms and policy interventions towards ensuring timely availability of low-cost credit, improving ease of doing business and technological upgradation, to take on the formidable challenge of creating millions of jobs, ensure equitable distribution of national income and achieving large-scale import substitution. The World Bank has recently approved loan worth $750 million to address the immediate liquidity and credit needs of India’s MSME sector that has been severely impacted by the Covid-19 crisis. This will give a push to the Atmanirbhar Bharat vision of the government.Q. Identify which of the following is not an advantage of the MSME sector?

Read the following passage and answer on the basis of the same : The subject-matter of economics is divided into two major branches—Microeconomics and Macroeconomics. Microeconomics studies the economic behaviour of individual economic units and individual economic variables, whereas macroeconomics deals with the functioning of the economy as a whole. Macroeconomics dealswith the broad economic aggregates or bigger issues, such as full employment, unemployment, full capacity, under capacity production, inflation or deflation, etc. Macroeconomics is concerned with the theory of national income, employment, aggregate consumption, savings and investment, general price level, economic growth, etc. Whereas, microeconomics is concerned with the theory of product pricing, factor pricing and consumer behaviour, etc.Positive economics is the branch of economics that concerns the description and explanation of economic phenomena. It focuses on facts and cause and effect behavioural relationships and includes the development and testing of economic theories. Positive economics is objective and facts based. Whereas normative economics is a part of economics that expresses value or normative judgments about economic fairness or what the outcome of the economy or goals of public policy ought to be. Normative economics is subjective and value based.For example, the statement, “government-provided healthcare increases public expenditures” is a positive economic statement and the statement, “government should provide basic healthcare to all citizens” is a normative economic statement.Q. .................. studies the economic behaviour of individual economic units and individual economic variables. (Fill up the blank with correct alternativ e)

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Identify which of the following is not an advantage of the MSME sector? (Choose the correct alternative). a) It is suited for the utilization of local resources. b) It is helpful in creation of employment opportunities. c) It requires more capital than labour. d) It ensures equitable distribution of income in the country.?
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Identify which of the following is not an advantage of the MSME sector? (Choose the correct alternative). a) It is suited for the utilization of local resources. b) It is helpful in creation of employment opportunities. c) It requires more capital than labour. d) It ensures equitable distribution of income in the country.? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Identify which of the following is not an advantage of the MSME sector? (Choose the correct alternative). a) It is suited for the utilization of local resources. b) It is helpful in creation of employment opportunities. c) It requires more capital than labour. d) It ensures equitable distribution of income in the country.? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Identify which of the following is not an advantage of the MSME sector? (Choose the correct alternative). a) It is suited for the utilization of local resources. b) It is helpful in creation of employment opportunities. c) It requires more capital than labour. d) It ensures equitable distribution of income in the country.?.
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