As per RBI guidelines, there is a new criteria for classifying the enterprises as Micro, Small and Medium enterprises. The new criteria came into effect from July 1, 2020. An enterprise shall be classified as a Micro, Small or Medium enterprise on the basis of the following criteria, namely: · a micro-enterprise, where the investment in plant and machinery or equipment does not exceed one crore rupees and turnover does not exceed five crore rupees; · a small enterprise, where the investment in plant and machinery or equipment does not exceed ten crore rupees and turnover does not exceed fifty crore rupees; and · a medium enterprise, where the investment in plant and machinery or equipment does not exceed fifty crore rupees and turnover does not exceed two hundred and fifty crore rupees Other statements are also correct
Which railway station of East Coast Railway has been awarded the 'Green Railway Station Certification with highest rating of Platinum?
ISRO’S Aditya-L1 mission is planned to be launched by?
Which bank has partnered with OneCard to introduce state-of-the-art, mobile-first, contactless, metal co branded credit cards that will empower users wi...
What was the main focus of the "Internet Saathi" program expanded by Google in India in 2024?
India's Green Bond Framework is designed with key recommendation of _________.
What is the primary focus of FAME-II, and how has the recent additional allocation of Rs 1,500 crore contributed to its objectives?
Which state government has launched a scheme to provide personal loans for prisoners with the aim to improve the living standard of the families of the ...
Which book provides a comprehensive analysis of the individuals who served as the chief of the Reserve Bank of India?
Which of the following online transaction company recently announces acquisition of GigIndia ?
What is the reason cited in the RBI report for the reduction in gross fiscal deficit (GFD) for LIC, making it the fourth-largest insurer globally?