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Role of Small and Medium Enterprises

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Multiple Choice

What is the definition of a Small and Medium Enterprise (SME) in India?

  1. An enterprise with an investment in plant and machinery of less than Rs. 1 crore.
  2. An enterprise with an investment in plant and machinery of less than Rs. 10 crore.
  3. An enterprise with an investment in plant and machinery of less than Rs. 25 crore.
  4. An enterprise with an investment in plant and machinery of less than Rs. 50 crore.