Differentiate between:(a) Micro & Tiny Enterprises and Small E

Question

Differentiate between:

(a) Micro & Tiny Enterprises and Small Enterprises.
(b) Repo Rate and Reverse Repo Rate.
(c) Fiscal Deficit and Revenue Deficit

06 Jul 2022

Answer :

Word Count : 358

(a) Micro & Tiny Enterprises and Small Enterprises.

Those firms with up to Rs 1 crore-Rs 10 crore investment and a turnover of over Rs 5 crore, but under Rs 50 crore are termed small enterprises. Lastly, those companies with up to Rs 1 crore investment and a turnover of less than Rs 5 crore are defined as micro-enterprises.

Small-sized enterprises are companies with fewer than 50 employees and a medium-sized enterprise as one with less than 250 employees. In addition to small and mid-size companies, there are micro-companies, which employ _____ __________ _____ ___ ______ ____.
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