Current Affairs · Economy & Business
According to the official classification revised by the Government of India, what defines a 'Micro' enterprise in the manufacturing and services sectors?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Investment in plant and machinery up to ₹2.5 crore and annual turnover up to ₹10 crore
- 2Investment in plant and machinery up to ₹50 lakh and annual turnover up to ₹2 crore
- 3Investment in plant and machinery up to ₹1 crore and annual turnover up to ₹5 crore✓
- 4Investment in plant and machinery up to ₹10 lakh and annual turnover up to ₹50 lakh
Correct answer
Investment in plant and machinery up to ₹1 crore and annual turnover up to ₹5 crore
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