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Government of India has notified new criteria for classifying the enterprises as Micro, Small and Medium enterprises. The new criteria will come into effect from July 1, 2020 and an enterprise shall be classified as a Micro, Small or Medium enterprise on the basis of the following criteria, namely: I. a micro enterprise, where the investment in plant and machinery or equipment does not exceed one crore rupees and turnover does not exceed five crore rupees; II .a small enterprise, where the investment in plant and machinery or equipment does not exceed ten crore rupees and turnover does not exceed fifty crore rupees; and III. a medium enterprise, where the investment in plant and machinery or equipment does not exceed fifty crore rupees and turnover does not exceed two hundred and fifty crore rupees.
The Reserve Bank of India (RBI) has raised the upper limit of an offline payment transaction to ________ from the existing Rs 200 to promote the use of ...
Which of the following is/are included in the capital budget of the Government of India?
1. Expenditure on acquisition of assets like roads, buil...
What is the Capital to Risk Weighted Assets Ratio (CRAR) of scheduled commercial banks (SCBs) as of end March 2024 according to the latest Financial St...
The National Electronic Funds Transfer (NEFT) system processed a record high number of transactions in a day on February 29 this year. How many transac...
Non-Banking Financial Companies (NBFC) are classified into _________ categories.
Which of the following appears under the heading 'Reserves & Surplus' in the balance sheet?
Which of the following best describes the composite criteria of movement of an enterprise from one category to another under MSMEs ?
Which among the following correctly calculates Conversion Cost?
Who can enforce the execution of a trust under the Indian Trusts Act, 1882?
The size of the order for which both ordering and carrying cost are at minimum is known as:
