A
Up to Rs 1 crore
B
Up to Rs 5 crore
C
Up to Rs 50 crore
D
Up to Rs 10 crore
Correct answer: (b) Up to Rs 5 crore
Explanation
Option B is correct because a micro enterprise is defined as one with an investment in plant and machinery up to Rs 1 crore and turnover up to Rs 5 crore. Options A, C, and D state incorrect financial thresholds.
Same topic · past papers
UPSC has asked this before
These previous-year questions sit on the same topic. Open one to practise the earlier ask.