question_answer

      In context of the present ceiling on investment for categorization of various enterprises as Micro, Small and Medium Manufacturing Enterprises (MSMEs), which of the following statements are correct:

1. A micro enterprise is an enterprise where the investment in equipment does not exceed Rs. 25 lakh.

2. A small enterprise is an enterprise where the investment in equipment is more than Rs. 25 lakh but does not exceed Rs. 5 crore.

3. A medium enterprise is an enterprise where the investment in equipment is more than Rs. 5 crore but does not exceed Rs. 10 crore.

A) Only 1                          

B) Only 2

C) Only 3                          

D) All of them