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According to the MSME Act of 2006, a Micro-enterprise is defined by investments up to __________ and a turnover of up to ₹5 crore.
Question

According to the MSME Act of 2006, a Micro-enterprise is defined by investments up to __________ and a turnover of up to ₹5 crore.

A.

₹1 crore

B.

₹2 crore

C.

₹5 crore

D.

₹10 crore

Correct option is A

Micro-enterprise investments are up to ₹1 crore with a turnover of up to ₹5 crore.

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