Clusters and Cluster Development
Chapter notes, video classes, MCQ practice tests and quick-revision one-liners for Small and Medium Enterprises in India — Certificate Course on MSME.
One-liners from this chapter
Free sample — 8 of 66 rapid-fire Q&A cards.
What is a cluster in the context of MSMEs?
A cluster is a sectoral and geographic concentration of enterprises that produce and sell related or complementary products, facing common challenges and opportunities.
What is the full form of MSE-CDP?
Micro and Small Enterprises Cluster Development Programme
Which four key features define a cluster?
Geographic proximity, sectoral specialisation, linkages between firms and support services, and common challenges and opportunities such as shared access to labour, raw material, technology, and market.
What is the full form of SFURTI?
Scheme of Fund for Regeneration of Traditional Industries
Why is clustering considered highly significant for small enterprises?
Clustering is the single most effective market-access, technology-diffusion, and credit-outreach mechanism available to small enterprises.
What is the full form of IIUS?
Integrated Infrastructure Upgradation Scheme
What are artisanal clusters and which industries do they cover?
Artisanal clusters are geographically concentrated groups engaged in handloom, handicraft, pottery, leather, and jewellery production.
What does SPV stand for in the context of cluster development?
Special Purpose Vehicle
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