Q. 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.
a) 30.3%, 35.6%
b) 27.3%, 30.1%
c) 35.1%, 38.2%
d) More than one of the above
Correct Answer :
Question from BPSC PT 71, 2025
Correct Answer: b) 27.3%, 30.1%
Explanation:
As per official data (MoSPI/Ministry of MSME), the share of Micro, Small and Medium Enterprises in India’s Gross Value Added (GVA) rose from 27.3% in 2020-21 to 30.1% in 2022-23. The other options overstate the MSME contribution, which typically hovers around the high-20s to about 30% range.
