Economics · Economy
According to the original Micro, Small and Medium Enterprises Development (MSMED) Act of 2006, a small-scale manufacturing industry was defined with reference to a maximum investment limit on plant and machinery equal to:
- 1Rs. 10 crores
- 2Rs. 10 lakhs
- 3Rs. 5 crores✓
- 4Rs. 5 lakhs
Correct answer
Rs. 5 crores
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