Economics · Indian Economy
Under the MSMED Act in India, Micro, Small, and Medium Enterprises (MSMEs) are defined based on which criteria?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Investment in plant & machinery/equipment and Annual Turnover✓
- 2Number of full-time employees and floor-space area
- 3Electricity consumption and paid-up share capital
- 4Geographical location and total production volume
Correct answer
Investment in plant & machinery/equipment and Annual Turnover
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