Current Affairs · MSME Sector
Consider the following statements regarding Micro, Small and Medium Enterprises (MSMEs) in India: 1. The MSME Development (MSMED) Act, 2006 allows states to reserve specific items for exclusive manufacturing by MSMEs. 2. The revised MSME classification criteria exclude export revenue from the turnover calculations to categorize enterprises. Which of the statement(s) given above is/are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Neither 1 nor 2
- 2Both 1 and 2
- 32 only✓
- 41 only
Correct answer
2 only
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