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GK MCQs Section
Q. What is the maximum turnover for a medium enterprise under India's current MSME classification?
Answer: 250 crores
Notes: From June 1, 2020, medium enterprises in India under MSME classification have a maximum turnover limit of Rs. 250 crores. This applies to both manufacturing and service sectors. The same notification set investment in plant and machinery for medium enterprises at up to Rs. 50 crores. Earlier, the turnover limit was Rs. 100 crores before the 2020 revision.
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