Economy · Chapter 5 of 10
Industry and MSMEs: BPSC Prelims PYQs
6 previous-year questions on Industry and MSMEs, asked 2025–2026. Each one opens to its answer and explanation.
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.
- A30.3%, 35.6%
- B27.3%, 30.1%
- C35.1%, 38.2%
- DMore than one of the above
Below is the new classification of MSMEs as per the Union Budget 2025. Which of the rows is/are correct?
Enterprise category Investment limit Turnover limit a. Micro ₹2.5 crore ₹10 crore b. Small ₹25 crore ₹100 crore c. Medium ₹250 crore ₹500 crore - Aa and c
- Ba and b
- Ca, b and c
- Db and c
Which of the following cities is not related to BHEL?
- ABhopal
- BHaridwar
- CHyderabad
- DLucknow
Arrange the following in correct chronological order:
- 1. National Hydrogen Mission announced
- 2. National Logistics Policy launched
- 3. Atmanirbhar Bharat Abhiyan stimulus packages announced
- 4. PLI scheme expanded to new sectors (textiles, drones, semiconductors)
Select the correct answer using the codes given below:
- A3, 2, 4, 1
- B3, 1, 4, 2
- C4, 1, 3, 2
- D3, 1, 2, 4
Given below are two statements, one labelled Assertion (A) and the other labelled Reason (R):
Assertion (A): 'Make in India' is the initiative launched in 2014.
Reason (R): Its main aim is to promote India's manufacturing domain to the world.
In the light of the above statements, choose the most appropriate answer from the options given below:
- ABoth A and R are not correct
- BA is correct, but R is not correct
- CA is not correct, but R is correct
- DBoth A and R are true, and R is the correct explanation of A
Consider the following statements about the textile industries in India:
- 1. The textile industry is a major employment generator, and it accounts for about 11 percent of India's manufacturing GVA.
- 2. India is the fourth largest exporter of textiles and apparel and has a share of about 10 percent of the global trade in this segment.
- 3. India's technical textile industry is growing rapidly, ranking fifth globally.
Which of the above statements is/are correct?
- A1 and 3 are correct
- B2 and 3 are correct
- COnly 1 is correct
- D1 and 2 are correct
All 10 chapters of Economy
- Basic Concepts and National Income5 questions · 2025–2026
- Planning and NITI Aayog8 questions · 2025–2026
- Poverty, Unemployment and Human Development7 questions · 2025–2026
- Agriculture and Food Security3 questions · 2025–2026
- Industry and MSMEs6 questions · 2025–2026
- Infrastructure and Urban Development8 questions · 2025–2026
- Banking and Financial Inclusion4 questions · 2025–2026
- Public Finance and Taxation3 questions · 2026
- External Sector and the WTO3 questions · 2025–2026
- Sustainable Development3 questions · 2025–2026