Current Affairs · Economic Policies
According to the revised MSME classification in India, which of the following criteria defines a micro-enterprise?
- 1Investment in Plant and Machinery or equipment not more than ₹10 crore and annual turnover not more than ₹50 crore
- 2Investment in Plant and Machinery or equipment not more than ₹1 crore and annual turnover not more than ₹5 crore✓
- 3Annual turnover not more than ₹15 crore
- 4Investment in Plant and Machinery not more than ₹1.5 crore
Correct answer
Investment in Plant and Machinery or equipment not more than ₹1 crore and annual turnover not more than ₹5 crore
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