Current Affairs · Government Schemes
Under the revised MSME classification criteria effective from July 2020 in India, which of the following defines a 'Medium Enterprise'?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Investment in plant and machinery/equipment not exceeding ₹1 crore and turnover not exceeding ₹5 crore
- 2Investment in plant and machinery/equipment not exceeding ₹5 crore and turnover not exceeding ₹20 crore
- 3Investment in plant and machinery/equipment not exceeding ₹50 crore and turnover not exceeding ₹250 crore✓
- 4Investment in plant and machinery/equipment not exceeding ₹10 crore and turnover not exceeding ₹50 crore
Correct answer
Investment in plant and machinery/equipment not exceeding ₹50 crore and turnover not exceeding ₹250 crore
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