Micro, Small and Medium Enterprises (MSMEs)

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Multiple Choice

What is the definition of a Micro, Small and Medium Enterprise (MSME) in India, as per the Micro, Small and Medium Enterprises Development Act, 2006?

  1. An enterprise with an investment in plant and machinery or equipment not exceeding \(\$100,000\)
  2. An enterprise with an investment in plant and machinery or equipment not exceeding \(\$200,000\)
  3. An enterprise with an investment in plant and machinery or equipment not exceeding \(\$300,000\)
  4. An enterprise with an investment in plant and machinery or equipment not exceeding \(\$400,000\)
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