2020 · Q35
What is meant by MSME?
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- AMedium, Small and Marginalized Enterprises
- BMicro, Small and Marginalized Enterprises
- CMedium, Strategic and Micro Enterprises
- DMicro, Small and Medium Enterprises
Explanation
MSME stands for Micro, Small and Medium Enterprises, classified by investment in plant and machinery and annual turnover under the MSMED Act, 2006. 'Marginalized' and 'Strategic' appear in none of the official expansions.