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What is the full form of "SME"?

A. Short Marketing Equity

B. Small and Medium Enterprises

C. Small Marketing Exports

D. Equated Monthly Sales

Answer: Option B

Solution(By Examveda Team)

Small and medium enterprises (SMEs) or small and medium-sized businesses (SMBs) are businesses whose personnel numbers fall below certain limits. The abbreviation "SME" is used by international organizations such as the World Bank, the European Union, the United Nations and the World Trade Organization (WTO).

This Question Belongs to Abbreviations >> Business Abbreviations

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