Module: General Practice
Q1: What is the maximum investment limit for a Micro Enterprise under the revised MSME classification?
✅ Correct Answer: C
The correct answer is ₹2.5 crore.
Under the Revised MSME Classification, the government has adjusted the thresholds to boost the sector.
Previously lower, the investment limit for a Micro Enterprise is now set at ₹2.5 crore.
This change in the Revised MSME Classification allows more businesses to retain their 'Micro' status despite growing investments in plant and machinery, thereby facilitating better access to credit and other benefits intended for smaller units.
Under the Revised MSME Classification, the government has adjusted the thresholds to boost the sector.
Previously lower, the investment limit for a Micro Enterprise is now set at ₹2.5 crore.
This change in the Revised MSME Classification allows more businesses to retain their 'Micro' status despite growing investments in plant and machinery, thereby facilitating better access to credit and other benefits intended for smaller units.