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According to the MSMED Act, a micro enterprise in the manufacturing sector must invest______.

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Question

According to the MSMED Act, a micro enterprise in the manufacturing sector must invest______.

Options

  • Above ₹5 crores

  • Up to ₹25 lakhs

  • More than ₹2 crores

  • Below ₹10 lakhs

MCQ
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Solution

According to the MSMED Act, a micro enterprise in the manufacturing sector must invest up to ₹25 lakhs.

Explanation: 

A micro manufacturing enterprise must not exceed ₹25 lakhs in investment.

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