Economics · MSME Classification
In the context of MSME classification as per the revised norms introduced in 2020, which criteria must a firm meet to be classified as a 'Medium Enterprise'?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Investment up to ₹100 crore and Annual Turnover up to ₹500 crore
- 2Investment up to ₹50 crore and Annual Turnover up to ₹250 crore✓
- 3Investment up to ₹20 crore and Annual Turnover up to ₹100 crore
- 4Investment up to ₹10 crore and Annual Turnover up to ₹50 crore
Correct answer
Investment up to ₹50 crore and Annual Turnover up to ₹250 crore
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