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UPSC 2023 • Q71Indian Economy & Socio-Economic DevelopmentMediumCA / Outdated
Poverty, Human Development, Labour & Digital Public Infrastructure
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?
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