Economics · Indian Economy
From 1st July 2020 onwards, the Ministry of Micro, Small and Medium Enterprises, GOI, classifies Micro Enterprises as those units having Investment in plant and machinery/equipment not more than ----- and annual turnover not more than -----.
- 1Rs. 1 crore, Rs. 2.5 crore
- 2Rs. 2 crore, Rs. 5 crore
- 3Rs. 1 crore, Rs. 5 crore✓
- 4Rs. 50 lakh, Rs. 2.5 crore
Correct answer
Rs. 1 crore, Rs. 5 crore
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