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  9. Q64

BPSC (Bihar PCS) 2022 · Question 64 of 150

Which of the following partly defines the micro-enterprise in India?

Economy

  1. AAnnual turnover not more than 15 crore
  2. BInvestment in plant and machinery not more than 1.5 crore
  3. CAnnual turnover of more than 5 crore
  4. DInvestment in plant and machinery or equipment not more than 1 croreCorrect
  5. ENone of the above/More than one of the above

Answer: D. Investment in plant and machinery or equipment not more than 1 crore

Explanation

A micro-enterprise is defined (2020 revision) by investment up to Rs. 1 crore in plant and machinery.

Source: 67th BPSC Prelims Re-Exam 2022 (Set D)

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