Question

Which of the following statement is correct in the context of small enterprises:

a) Investment on fixed assets between ₹10 crores to ₹50 Crores and turnover between ₹5 Crores to ₹50 Crores

b) Investment on fixed assets more than ₹1 Crores but not more than ₹10 Crores and turnover more than ₹5 Crores but not more than ₹50 Crores.

c) Investment on fixed assets between ₹10 Crores to ₹50 Crores and turnover between ₹50 Crores to ₹250 Crores

d) Investment on fixed assets more than ₹1 Crores but not more than ₹10 Crores and turnover more than ₹50 Crores but not more than ₹250 Crores.​

Answer 1

Answer:

a) Investment on fixed assets between ₹10 crores to ₹50 Crores and turnover between ₹5 Crores to ₹50 Crores

Explanation:

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