Economics · Sectors of Indian Economy
Under the MSMED Act, micro, small, and medium enterprises (MSMEs) are currently classified based on which criteria?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Investment in Plant & Machinery only
- 2Annual Turnover only
- 3Number of Employees and Location
- 4Both Investment in Plant & Machinery and Annual Turnover✓
Correct answer
Both Investment in Plant & Machinery and Annual Turnover
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