BOI-MSME -Credit Policy

What does ZED stand for in the context of MSMEs and certification in manufacturing?

• Zero defect/Zero effect

• Zero effectiveness/Zero defect

• Zero delay/Zero efficient

MSME is defined under which act?

• MSMED Act 1999

• MSME Act 2004

• MSMED Act 2006

A micro enterprise is an enterprise where investment in plant and machinery does not exceed how much amount?

• Rs 5 crores

• Rs 1 crore

• Rs 10 crores

What is the MSME Public Procurement Portal called?

• MSME Sambandh

• MSME Samjhauta

• MSME Sampark

In Medium Enterprises Investment in Plant & Machinery or equipment does not exceed Rs ............. crore and turnover does not exceed Rs ........ crores.

• 20/50

• 10/50

• 50/250

In the Composite criteria for classification of MSME where the enterprise exceeds the ceiling fixed for the category , it will be...........

• placed in the next lower category

• placed in the next higher category

• It will loose its MSME status

The Calculation of investment in plant & machinery or equipment is linked to........

• WDV of the at the end of each financial year

• Purchase value

• Market value

All Export Credit under MSME sector are allowed to be classified as ............

• Export lending

• Non-Priority lending

• Priority Sector Lending.

MSME units shall continue to enjoy the priority sector lending status up to ........................years after the units grow out of the MSME category concerned.

• 3

• 1

• 2

60% of total lending to MSE sector should go to ..................... enterprises

• Medium

• Micro

• small