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Explain the following term/concept. Service Sector - Organisation of Commerce and Management

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Question

Explain the following term/concept.

Service Sector

Short Note

Solution

According to MSMED on the basis of investment Micro Service Sector 'does not exceed Rs. 10 lakhs', Small Service Sector, 'more than Rs. 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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Introduction of Small Scale Industry and Business
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Chapter 3: Small Scale Industry and Business - EXERCISE [Page 57]

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Balbharati Organisation of Commerce and Management (OCM) [English] 11 Standard Maharashtra State Board
Chapter 3 Small Scale Industry and Business
EXERCISE | Q 2 2) | Page 57

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