Banking · Priority Sector Lending & MSME Classification
In the context of Priority Sector Lending (PSL) in India, what is the criteria for defining a 'Small Enterprise' under the MSME classification?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Investment in Plant and Machinery not exceeding ₹20 Crore and Turnover not exceeding ₹100 Crore.
- 2Investment in Plant and Machinery not exceeding ₹50 Crore and Turnover not exceeding ₹250 Crore.
- 3Investment in Plant and Machinery not exceeding ₹10 Crore and Turnover not exceeding ₹50 Crore.✓
- 4Investment in Plant and Machinery not exceeding ₹1 Crore and Turnover not exceeding ₹5 Crore.
Correct answer
Investment in Plant and Machinery not exceeding ₹10 Crore and Turnover not exceeding ₹50 Crore.
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