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GK MCQs Section
Q. In manufacturing industries of India, a micro enterprise is an enterprise where investment in plant and machinery does not exceed ____?
Answer: Rs. 25 Lakh
Notes: In India, a micro enterprise in the manufacturing sector is defined by the Micro, Small and Medium Enterprises Development (MSMED) Act, 2006. According to this act, the investment in plant and machinery for micro enterprises must not exceed Rs. 25 lakh (2.5 million). This classification helps in promoting small businesses and provides them access to various government schemes and financial support.

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