Economics · Economy
Which of the following correctly defines a Micro Enterprise under the Government of India's revised MSME classification implemented in 2020?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Investment up to Rs 10 crore and turnover up to Rs 50 crore
- 2Investment up to Rs 1 crore and turnover up to Rs 5 crore✓
- 3Investment up to Rs 2 crore and turnover up to Rs 10 crore
- 4Investment up to Rs 5 crore and turnover up to Rs 20 crore
Correct answer
Investment up to Rs 1 crore and turnover up to Rs 5 crore
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