General Knowledge Economy Industrial Sector

Which of the following correctly defines a "Small Enterprise" under the MSMED Act, 2006 for manufacturing enterprises?

1
Investment in plant and machinery does not exceed Rs. 25 lakh
2
Investment in plant and machinery is more than Rs. 25 lakh but does not exceed Rs. 5 crore
3
Investment in plant and machinery is more than Rs. 5 crore but does not exceed Rs. 10 crore
4
Investment in plant and machinery is more than Rs. 10 crore
5
Investment in plant and machinery does not exceed Rs. 50 lakh

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