Module: General Practice
Q6: What is the maximum turnover limit for a Medium Enterprise under the revised MSME classification?
✅ Correct Answer: C
The correct answer is ₹500 crore.
The Revised MSME Classification sets the turnover limit for Medium Enterprises at ₹500 crore.
This is the highest category within the Micro Small Medium Enterprises sector before a company is classified as a large industry.
The enhanced limit under the Revised MSME Classification provides ample headroom for growth, ensuring that medium-sized firms can scale their operations significantly up to ₹500 crore turnover while still operating under the MSME umbrella.
The Revised MSME Classification sets the turnover limit for Medium Enterprises at ₹500 crore.
This is the highest category within the Micro Small Medium Enterprises sector before a company is classified as a large industry.
The enhanced limit under the Revised MSME Classification provides ample headroom for growth, ensuring that medium-sized firms can scale their operations significantly up to ₹500 crore turnover while still operating under the MSME umbrella.