Mathematics · Banking and Financial Calculations
Under the revised composite criteria for MSME classification, if an enterprise has an investment of 8 crore in plant and machinery and a total turnover of 60 crore, out of which 25 crore is from exports, how is the unit classified for bank lending purposes?
- 1Large enterprise
- 2Medium enterprise
- 3Small enterprise✓
- 4Micro enterprise
Correct answer
Small enterprise
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