Economics · Indian Economy
Under the revised MSME classification criteria effective from July 2020, what is the composite criteria used to define micro, small, and medium enterprises in India?
- 1Both Investment in Plant & Machinery and Annual Turnover✓
- 2Number of Employees only
- 3Annual Turnover only
- 4Investment in Plant and Machinery / Equipment only
Correct answer
Both Investment in Plant & Machinery and Annual Turnover
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