Question 16 of 23
Q.Give any two examples of Micro enterprises.
Puducherry TnboardTamil Nadu HSC First Year (DGE) Commerce Board 2023Subjective· 2mImportance★★★★★
70% · 16/23 Questions
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Start your 14-day free trial to unlock the full solution →Micro enterprises are the smallest MSME category; examples include a tailoring unit and a pottery/handicraft unit.
In the Tamil Nadu HSC Class-11 Commerce syllabus, MSMEs are classified (2020 revised norms) as micro, small and medium by investment and turnover. A micro enterprise is one with investment in plant/machinery or equipment up to Rs. 1 crore and annual turnover up to Rs. 5 crore. Because the scale is very small, such units are usually run by one owner or a family with a few workers.
Two clear examples:
- A small tailoring / readymade-garment stitching unit — a small manufacturing unit run with a few sewing machines. …
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