Economics · Economy
Which of the following describes the revised composite criteria for classifying Micro, Small, and Medium Enterprises (MSMEs) according to the Ministry of MSME notification?
- 1Micro: Investment up to ₹2 crore and Turnover up to ₹10 crore; Small: Investment up to ₹15 crore and Turnover up to ₹75 crore; Medium: Investment up to ₹75 crore and Turnover up to ₹300 crore.
- 2Micro: Investment up to ₹1 crore and Turnover up to ₹10 crore; Small: Investment up to ₹20 crore and Turnover up to ₹100 crore; Medium: Investment up to ₹100 crore and Turnover up to ₹500 crore.
- 3Micro: Investment up to ₹5 crore and Turnover up to ₹10 crore; Small: Investment up to ₹25 crore and Turnover up to ₹100 crore; Medium: Investment up to ₹100 crore and Turnover up to ₹500 crore.
- 4Micro: Investment up to ₹1 crore and Turnover up to ₹5 crore; Small: Investment up to ₹10 crore and Turnover up to ₹50 crore; Medium: Investment up to ₹50 crore and Turnover up to ₹250 crore.✓
Correct answer
Micro: Investment up to ₹1 crore and Turnover up to ₹5 crore; Small: Investment up to ₹10 crore and Turnover up to ₹50 crore; Medium: Investment up to ₹50 crore and Turnover up to ₹250 crore.
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Preparing for Economics?
Practice full-length Economics mock tests with real exam timers, instant score analysis, and all-India ranking.
Want more practice questions on Economy?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Economy