Micro Small And Medium-sized Enterprises Day Quiz

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  • 1/10 Questions

    The MSME enterprises play a major role in the implementation of ______________.

    • SDG 6 (Clean water and sanitation)
    • SDG 5 (Gender equality)
    • SDG 9 (Industry, Innovation, and Infrastructure)
    • SDG 3 (Good health and well-being)
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About This Quiz

Here is a "Micro Small and Medium-sized Enterprises Day" quiz to test your knowledge about this day established by the United Nations General Assembly. Micro Small and Medium-sized Enterprises Day is observed worldwide with the purpose of raising public awareness of the role of MSMEs and their contribution to economic growth and sustainable development. Take this quiz and find out more about it. All the best!

Micro Small And Medium-sized Enterprises Day Quiz - Quiz

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  • 2. 

    How has the COVID-19 pandemic affected the MSME sector?

    • Decrease in profits

    • Shutting down of businesses

    • Laying off of employees

    • All of the above

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  • 3. 

    When is the Micro-Small and Medium-sized Enterprises Day observed?

    • June 30

    • June 27

    • May 27

    • May 30

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  • 4. 

    In which year did the United Nations General Assembly establish Micro-Small and Medium-sized Enterprises Day?

    • 2017

    • 2022

    • 2018

    • 2020

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  • 5. 

    Which of the following factors are taken into consideration for classifying an enterprise as MSME?

    • Number of employees

    • Revenue

    • Ownership structure

    • All of the above

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  • 6. 

    In the United States, the criteria to be classified as a small business is the same for manufacturing and non-manufacturing businesses.

    • True

    • False

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  • 7. 

    Which of the following organization sets small business criteria in the United States?

    • Small Business Administration

    • Internal Revenue Service

    • Federal Trade Commission

    • General Services Administration

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  • 8. 

    According to the United Nations, how much percent of worldwide GDP does the MSME roughly account for?

    • 40

    • 50

    • 60

    • 70

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  • 9. 

    Why are MSMEs important for economic and social reasons?

    • They provide free education and healthcare to all.

    • They are enterprises with the highest revenue.

    • They employ a significant section of the population.

    • All of the above

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  • 10. 

    The _______________ is the leading agency of the observance of Micro-Small and Medium-sized Enterprises Day.

    • World Trade Organization

    • United Nations Security Council

    • United Nations General Assembly

    • International Trade Centre

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Quiz Review Timeline (Updated): May 24, 2023 +

Our quizzes are rigorously reviewed, monitored and continuously updated by our expert board to maintain accuracy, relevance, and timeliness.

  • Current Version
  • May 24, 2023
    Quiz Edited by
    ProProfs Editorial Team
  • May 23, 2023
    Quiz Created by
    Austin Ames
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