Question

The Act formed for the development of Micro, Small and Medium Enterprises is __________.

• A. Micro, Small and Medium Enterprises Development Act, 2005
• B. Micro, Small and Medium Enterprises Development Act, 2006
• C. Micro, Small and Medium Enterprises Development Act, 2004
• D. Micro, Small and Medium Enterprises Development Act, 2003

Answer 1

The correct option is A Micro, Small and Medium Enterprises Development Act, 2005

Micro, Small and Medium Enterprises Act, 2005 defines the Micro, Small and Medium Enterprises on the basis of the investment in the fixed assets.