Home » Meghalaya GK MCQ » Which sector forms a significant part of Meghalaya’s industries?

Which sector forms a significant part of Meghalaya’s industries?

April 20, 2024 by rawan239

Heavy manufacturing

Micro, Small, and Medium Enterprises (MSMEs)

Biotechnology

Aerospace technology

The correct answer is: b) Micro, Small, and Medium Enterprises (MSMEs).

MSMEs are the backbone of the Indian economy, and they play a significant role in Meghalaya’s economy as well. MSMEs account for over

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90% of all enterprises in Meghalaya, and they employ over 80% of the state’s workforce. MSMEs are involved in a wide range of activities, including manufacturing, trading, and services.

Heavy manufacturing is not a significant sector in Meghalaya. The state does not have any large-scale manufacturing industries.

Biotechnology is a growing sector in Meghalaya, but it is not yet a significant part of the state’s economy.

Aerospace technology is not a significant sector in Meghalaya. The state does not have any aerospace companies or research institutions.

In conclusion, the correct answer is: b) Micro, Small, and Medium Enterprises (MSMEs).

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