General Studies · Entrepreneurship Development
According to the revised MSME classification in India, micro manufacturing and service enterprises are defined as those with:
- 1Investment ≤ 1 crore Rs. and Turnover ≤ 5 crore Rs.✓
- 2Investment > 1 crore Rs. and Turnover > 5 crore Rs.
- 3Investment ≤ 1 crore Rs. and Turnover > 5 crore Rs.
- 4Investment > 1 crore Rs. and Turnover ≤ 5 crore Rs.
Correct answer
Investment ≤ 1 crore Rs. and Turnover ≤ 5 crore Rs.
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