UPSC CSE Prelims 2023 Q71 — Indian Economy PYQ with Answer
2023Q71·Indian Economy·Infrastructure & Industry
Consider the following statements with reference to India :
1. According to the 'Micro, Small and Medium Enterprises Development (MSMED) Act, 2006', the 'medium enterprises' are those with investments in plant and machinery between ₹ 15 crore and ₹ 25 crore.
2. All bank loans to the Micro, Small and Medium Enterprises qualify under the priority sector.
Which of the statements given above is/are correct?
