Economics · Industrial Sector
According to the revised MSME classification applicable from July 2020, a 'Medium' enterprise is defined as one where:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Investment in plant & machinery/equipment does not exceed ₹5 crore and turnover does not exceed ₹25 crore
- 2Investment in plant & machinery/equipment does not exceed ₹10 crore and turnover does not exceed ₹50 crore
- 3Investment in plant & machinery/equipment does not exceed ₹20 crore and turnover does not exceed ₹100 crore
- 4Investment in plant & machinery/equipment does not exceed ₹50 crore and turnover does not exceed ₹250 crore✓
Correct answer
Investment in plant & machinery/equipment does not exceed ₹50 crore and turnover does not exceed ₹250 crore
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Preparing for Economics?
Practice full-length Economics mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Industrial Sector MCQs →Want more practice questions on Industrial Sector?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Industrial Sector