13.In small scale industry investment in fixed assets or plant and machinery does not
exceed Rs:
(a)1 crore
(b)2crore
(c) 10 lakh
(d)None of these
Answers
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Answer:
a) 1 crore
Explanation:
If the investment in fixed assets of a company is more than Rs. 1 crore then it is called as large scale industry. Hence, if the investment in fixed assets of plant and machinery does not exceed one crore rupees then that is small scale industry
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