Question

    The investment in Plant & Machinery up to which

    among the following amounts in India is called a Tiny Unit in India?
    A Rs 5 Lakh Correct Answer Incorrect Answer
    B Rs 10 Lakh Correct Answer Incorrect Answer
    C Rs 15 Lakh Correct Answer Incorrect Answer
    D Rs. 25 Lakh Correct Answer Incorrect Answer

    Solution

    As per RBI Circulars, The status of ‘Tiny Enterprises’ may be given to all small scale units whose investment in plant & machinery is up to Rs. 25 lakh, irrespective of the location of the unit.

    Practice Next

    Relevant for Exams: