Machine-translated by Google. Questions are authored in English.
Top

Discussion

The Maximum investment limit for Small-Scale Industries has been reduced to

  • A.Rs.60 lakh
  • B.Rs.10 lakh
  • C.Rs.1 crore
  • D.Rs.3 crore

Answer: C

The limit was set at Rs 1 crore.

Small-scale industry was defined by the ceiling on investment in plant and machinery, which was raised to Rs 3 crore in 1997 and then reduced back to Rs 1 crore in 1999. The MSMED Act of 2006 replaced this classification altogether.

No comment is present. Be the first to comment.
Loading…

Post your comment

Please log in or register to post a comment.