Question
Under the definition of MSMEs in India, what is the
maximum turnover allowed for a medium enterprise?Solution
In India, MSMEs are classified under the Micro, Small, and Medium Enterprises Development Act, 2006. A medium enterprise is defined as one where the investment in plant and machinery does not exceed ₹50 crore, and the turnover does not exceed ₹250 crore. This classification enables targeted support and benefits, helping such enterprises contribute effectively to both domestic and global markets while encouraging innovation and growth.
National Youth Day in India is observed on which date?
At which Buddhist site of India did Gautama Buddha first preach the Dharma?
Which term is used for extending financial support to a company or a country facing a potential bankruptcy threat?
WTO(World Trade Organization) is the successor of which organization?
Which of the following is not a solvency ratio?
Who is the Minister of Civil Aviation?
निम्नलिखित भारतीय राज्यों में से किस राज्य की कोई ...
Lending money and collection of the principal and interest are classified on the statement of cash flows as investing activities.
Insider trading is the buying or selling of a security by someone who has access to material non-public information about the security.
In ULIP, what does L stand for?