Question:
Full form of MSME is
Full form of MSME is
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MSME = Micro, Small and Medium Enterprises (Ministry of MSME, Government of India).
Updated On: Sep 4, 2026
- Micro, Small and Medium Enterprises
- Mini, Small and Moderate Enterprises
- Medium, Small and Micro Enterprises
- Modern Small Management Enterprises
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Verified By Collegedunia
The Correct Option is A
Solution and Explanation
Step 1: Understanding the Concept:
Statutory definition and categorization of industrial and service commercial entities under the MSMED Act 2006 in India.
Step 2: Detailed Explanation:
In Indian economic policy and commerce:
MSME stands for Micro, Small and Medium Enterprises, governed by the Micro, Small and Medium Enterprises Development (MSMED) Act, 2006.
These enterprises represent the engine of rural and national economic development, generating substantial employment and industrial output across manufacturing and services sectors.
Step 3: Final Answer:
Thus, the full form of MSME is Micro, Small and Medium Enterprises, matching option (A).
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