71st B.P.S.C. (Pre) 2025
Share of Micro, Small and Medium Enterprises in the country's Gross Value Added (GVA) has increased from 2020-21 to in 2022-23.
a30.3%, 35.6%
b27.3%, 30.1%✓ Correct
c35.1%,38.2%
dMore than one of the above
Explanation
The share of the MSME sector’s Gross Value Added (GVA) in India’s Gross Domestic Product (GDP) is 27.3% for 2020-21 and 30.1% for 2022-23. This ratio shows the share of MSME GVA in the country’s GDP, not the share “in the country’s GVA”. Therefore, technically, there is an error in the wording of the question.
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