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      Question

      According to the MSME policy, the startup status of a

      company ceases if its turnover exceeds ____ or it has completed ____ years from incorporation.
      A ₹50 crores, 7 years Correct Answer Incorrect Answer
      B ₹100 crores, 10 years Correct Answer Incorrect Answer
      C ₹75 crores, 8 years Correct Answer Incorrect Answer
      D ₹25 crores, 5 years Correct Answer Incorrect Answer
      E ₹150 crores, 12 years Correct Answer Incorrect Answer

      Solution

      As per the Startup India definition, an entity is recognized as a startup until: • Turnover exceeds ₹100 crore, or • It completes 10 years from the date of incorporation. This limit ensures that genuine early-stage businesses receive support while keeping mature businesses out of the startup benefits net.

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