Micro, Small and Medium Enterprises (MSME) – General Awareness for IBPS/SBI/RRB Exams
Micro, Small and Medium Enterprises (MSME) contribute nearly 8 percent of the country’s GDP, 45 percent of the manufacturing output and 40 percent of the exports. They provide the largest share of employment after agriculture. Nowadays Bank Probationary Officers (POs) and clerks are being recruited through the competitive examinations involving different topics on current affairs for IBPS/SBI/RRB exams. The information relating Interesting Facts about India is essential in the General Awareness materials and certainly improve your knowledge in current affairs for SBI/IBPS/RRB Exams. So here we are providing the list of Micro, Small and Medium Enterprises (MSME) for IBPS RRB PO CLERK exams.
Bank Exams 2014 aspirates are recommended to follow the materials provided here to improve your general knowledge, not only banking/financial all organizations are conducting competitive examinations for recruiting eligible candidates who are updated with current issues and technologies.
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Micro, Small and Medium Enterprises:
(a) Manufacturing Enterprises– The enterprises engaged in the manufacture or production of goods pertaining to any industry specified in the first schedule to the industries (Development and regulation) Act, 1951) or employing plant and machinery in the process of value addition to the final product having a distinct name or character or use. The Manufacturing Enterprise aredefined in terms of investment in Plant & Machinery.
(b) Service Enterprises: The enterprises engaged in providing or rendering of services and are defined in terms of investment in equipment.
Manufacturing Sector |
|
| Enterprises | Investment in plant & machinery |
| Micro Enterprises | Does not exceed twenty five lakh rupees |
| Small Enterprises | More than twenty five lakh rupees but does not exceed five crore rupees |
| Medium Enterprises | More than five crore rupees but does not exceed ten crore rupees |
Service Sector |
|
| Enterprises | Investment in equipments |
| Micro Enterprises | Does not exceed ten lakh rupees: |
| Small Enterprises | More than ten lakh rupees but does not exceed two crore rupees |
| Medium Enterprises | More than two crore rupees but does not exceed five core rupees |
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