Economics · Indian Economy
Under the revised MSME classification framework in India, the definition of enterprises is primarily based on which criteria?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1The source of capital investment and shareholding pattern
- 2Geographical market reach and number of employees
- 3Investment in plant & machinery and annual turnover✓
- 4The total volume of units produced annually
Correct answer
Investment in plant & machinery and annual turnover
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