Practicing Success
MSME are considered to be........... labour intensive and ............ capital intensive. |
Less, More More, Less Equal, More Lees, Equal |
More, Less |
The correct answer is option 2- More, Less. MSME are the second largest employers of human resources, after agriculture. They generate more number of employment opportunities per unit of capital invested compared to large industries. They are, therefore, considered to be more labour intensive and less capital-intensive. This is a boon for a labour surplus country like India. |