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Question

The industry that requires maximum investment of rupees one crore and above is categorized as _________.
  1. Large scale industry
  2. Small scale industry
  3. Cottage industry
  4. Heavy industry

A
Large scale industry
B
Small scale industry
C
Heavy industry
D
Cottage industry
Solution
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A small scale industry is defined with reference to the maximum investment allowed on the assets of a unit. This limit has changed over a period of time. At present the maximum investment allowed is rupees one crore.

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