Economics · Economy
According to the revised MSME classification in India, which of the following criteria defines a 'Medium' enterprise? I. Investment in plant and machinery or equipment does not exceed Rs 10 crore. II. Annual turnover does not exceed Rs 250 crore.
- 1Neither I nor II
- 2Both I and II
- 3Only II✓
- 4Only I
Correct answer
Only II
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