Explain the following terms/concept:Service Sector. – InterviewSolution

1.	Explain the following terms/concept:Service Sector.
Answer» According to MSMED on the basis of investment Micro Service Sector ‘does not exceed Rs 10 lakhs’, Small Service Sector, ‘more than 10 lakhs but does not exceed 2 crores’ and Medium Service Sector ‘more than Rs 2 crores but does not exceed Rs 5 crores’.

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