In the context of Micro, Small and Medium Enterprises (MSME) sector in India, which among the following is/are the correct criteria for declaring an enterprise Micro ? 1. The investment in plant and machinery does not exceed Rs. 25 lakhs. 2. The enterpris

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Q: 60 (IES/2012)
In the context of Micro, Small and Medium Enterprises (MSME) sector in India, which among the following is/are the correct criteria for declaring an enterprise “Micro” ?
1. The investment in plant and machinery does not exceed Rs. 25 lakhs.
2. The enterprise should fall in the category of manufacturing sector and not in service sector.

Select the correct answer using the codes given below :

question_subject: 

Economics

question_exam: 

IES

stats: 

0,41,67,41,19,43,5

keywords: 

{'medium enterprises': [0, 0, 0, 1], 'manufacturing sector': [0, 1, 0, 2], 'enterprise': [0, 0, 0, 1], 'sector': [0, 0, 0, 1], 'micro': [0, 0, 0, 3], 'service sector': [0, 0, 0, 1], 'msme': [0, 0, 0, 2], 'correct criteria': [0, 0, 0, 2], 'investment': [0, 0, 0, 1]}