Updated for 2026 Syllabus Detailed Explanations High-Yield Core Concepts

Bank Promotion Exam Guide

Banking Awareness | Banking Knowledge | for all Bank Exams

Module: General Practice

Q2: What is the maximum turnover limit for a Small Enterprise under the revised MSME classification?

A
₹50 crore
B
₹100 crore
C
₹250 crore
D
₹500 crore
✅ Correct Answer: B
The correct answer is ₹100 crore.
According to the Revised MSME Classification, the turnover limit for Small Enterprises has been significantly enhanced.
This threshold is now capped at ₹100 crore.
This adjustment in the Revised MSME Classification ensures that enterprises with substantial sales volume can still benefit from the schemes available to Small Enterprises, preventing them from graduating too early to the Medium category and losing specific support mechanisms.