CURRENT AFFAIRS

2023

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Master has announced to invest what amount to support Indian MSME?

A	Rs 350 crore
B	Rs 300 crore
C	Rs 200 crore
D	Rs 250 crore

Explanation:

Detailed explanation-1: -Micro Enterprise Where the investment in Plant & Machinery or Equipment does not exceed one crore rupees and turnover does not exceed five crore rupees. Small Enterprise Where the investment in Plant & Machinery or Equipment does not exceed ten crore rupees and turnover does not exceed fifty crore rupees.

Detailed explanation-2: -As per this announcement, the definition of Micro manufacturing and services units was increased to Rs. 1 Crore of investment and Rs. 5 Crore of turnover. The limit of small unit was increased to Rs. 10 Crore of investment and Rs 50 Crore of turnover.

Detailed explanation-3: -Not more than Rs.10 crore and Annual Turnover; not more than Rs. 50 crore. Investment in Plant and Machinery or Equipment: Not more than Rs.50 crore and Annual Turnover; not more than Rs. 250 crore.

There is 1 question to complete.