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Question

Q. Which of the following factors has been taken into consideration in the new classification of MSMEs?

Select the correct code from the options given below:


A
1,3
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B
1, 4
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C
2, 4, 5
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D
1, 2, 3, 4, 5
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Solution

The correct option is B 1, 4
Investment in plant and machinery and Annual turnover are factors considered in the new classification of MSMEs.
New Classification Micro Small Medium
Manufacturing Enterprises and Enterprises rendering Services Investment in Plant and Machinery or Equipment:
Not more than Rs.1 crore and Annual Turnover; not more than Rs. 5 crore
Investment in Plant and Machinery or Equipment:
Not more than Rs.10 crore and Annual Turnover; not more than Rs. 50 crore
Investment in Plant and Machinery or Equipment:
Not more than Rs.50 crore and Annual Turnover; not more than Rs. 250 crore

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