Match List – I with List – II.

Choose the correct answer from the options given below :

A-I, B-III, C-IV, D-II

The correct answer is option 2- A-I, B-III, C-IV, D-II.

* The MSMED Act, 2006 came into force w.e.f., October, 2006. The Micro, Small and Medium Enterprises Development (MSMED) Act, 2006 addressed these issues relating to its definition, credit, marketing and technology up gradation. Medium scale enterprises and service related enterprises also come under the purview of this Act.

* In Micro Enterprises, Investment in Plant and Machinery is 1 Crore and turnover does not exceed 5 crore. In Small Enterprises, Investment in Plant and Machinery is 10 Crore and turnover does not exceed 50 crore. In Medium Enterprises, Investment in Plant and Machinery is 50 Crore and turnover does not exceed 250 core.