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    Question

    What was the focus of the study conducted by Assocham

    and the EGROW Foundation regarding MSMEs in India?
    A Increasing the export potential of MSMEs. Correct Answer Incorrect Answer
    B Challenges faced by MSMEs and possible solutions. Correct Answer Incorrect Answer
    C Reducing taxation for MSMEs. Correct Answer Incorrect Answer
    D Promoting foreign investments in MSMEs. Correct Answer Incorrect Answer
    E Impact of digitalization on MSME operations. Correct Answer Incorrect Answer

    Solution

    The study by Assocham and the EGROW Foundation focused on identifying the challenges faced by MSMEs in the country and providing solutions to address them. It included data from a survey of over 150 companies and feedback from around 120 industry stakeholders, highlighting the specific areas that need intervention for the growth and sustainability of MSMEs.

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