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A small enterprise is an enterprise where the investment in plant and machinery (as per the MSMED Act, 2006) does not exceed ______.1. 25 lakh rupees2. 3 lakh rupees3. 300 lakh rupees4. 5 crore rupees |
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Answer» Correct Answer - Option 4 : 5 crore rupees MSME (Micro, Small, and Medium Enterprises): The Government of India has enacted the Micro, Small and Medium Enterprises Development (MSMED) Act, 2006 in terms of which the definition of micro, small and medium enterprises is as under:
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