Question

"a small scale industry is defined with reference to the maximum investment allowed on the assets of a unit."
what does this mean???
plz explain this point.(･ัω･ั)​

Answer 1

Explanation:

A small scale industry is defined with reference to the maximum investment allowed on the assets of a unit. This limit changes over a period of time. In 1950, a small scale industrial unit was one which invested a maximum of Rs. 5 lakhs, at present the maximum investment allowed is Rs. one crore.

Here Is You Answer

Hope it solve your Problem

You Can Follow Me For More Updates ok

Thanks