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A micro enterprise is defined as an ent...

A micro enterprise is defined as an enterprise engaged in the manufacture or production of goods pertaining to any industry where the investment in plant and machinery does not exceed

A

₹5 lakh

B

₹ 10 lakh

C

₹ 25 lakh

D

₹ 50 lakh

Text Solution

Verified by Experts

The correct Answer is:
c
A micro enterprise is defined as na enterprise engaged in the manufacture of production of goods pertaining to any industry where the investment in plant and machinery does not exceed ₹ 25 lakh or an enterprise engaged in rendering services where investment in equipmen does not exceed ₹ 10 lakh.
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