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    Question

    When was the upward revision of the MSME definition

    approved under the Aatmanirbhar Bharat Package?
    A 15th August 2020 Correct Answer Incorrect Answer
    B 1st June 2020 Correct Answer Incorrect Answer
    C 1st January 2021 Correct Answer Incorrect Answer
    D 1st July 2019 Correct Answer Incorrect Answer
    E 15th March 2020 Correct Answer Incorrect Answer

    Solution

    The Government of India revised the MSME definition on 1st June 2020 as part of the Aatmanirbhar Bharat Package. The new definition incorporates a composite criterion based on both investment and annual turnover, ensuring a more inclusive classification of MSMEs.

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