Current Affairs

GK MCQs Section
Q. What is the maximum turnover for a medium enterprise under current MSME norms?
Answer: ₹500 crore
Notes: MSME classification revised from July 1, 2020 under the Micro, Small and Medium Enterprises Development Act, 2006 set the turnover cap for medium enterprises at ₹500 crore. The medium enterprise investment limit is ₹50 crore. Micro and small enterprises have turnover limits of ₹10 crore and ₹100 crore respectively. The norms apply across India per the revised notification.
Question Source: 📚This question has been sourced from GKToday's "40000+ GK / General Studies MCQs for SSC & State PCS Exams" App Exclusive Course in GKToday Android Application which provides more than 40K General Knowledge and General Studies questions with explanations asked in all Competitive Exams of India. Download the app here.
📌 Question Number: 56 in 12. Industries: Types, Policies and Industrial Production Data in the above course in App.

This Question is Also Available in:

हिन्दीಕನ್ನಡ