Question 267 of 1003

2023Economic and Social Development

91. Consider the following statements with reference to India: 
1. According to the Miers, Small and Medium Enterprises Development (MSMED) Act, 2006, the ‘medium enterprises those with are those 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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