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GK MCQs Section
Q. What is the investment limit for a micro enterprise under MSME classification in India?
Answer: Rs. 1 crore
Notes: Government notification S.O.1702(E) dated June 1, 2020 defines a micro enterprise as one with investment in plant and machinery or equipment not exceeding Rs. 1 crore and annual turnover not exceeding Rs. 5 crore under the current MSME classification. This threshold replaced the previous limit for tiny enterprises, which was below Rs. 25 lakh, as per MSME Development Act, 2006 amendments.
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