Question
Consider the revised MSME classification (effective July 2020) and evaluate these statements: 1. The distinction between manufacturing and service sectors has been removed. 2. A 'Medium' enterprise has an investment limit of ₹50 Crore and a turnover limit of ₹250 Crore. 3. Export turnover is included when calculating the total turnover for MSME classification. Which of the statements above is/are correct?
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