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Business Studies

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A tiny enterp...

Question

A tiny enterprise is defined as a business enterprise whose investment in plant and machinery does not exceed ____.

A

1 lakh

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B

5 lakhs

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C

25 lakhs

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D

35 lakhs

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Solution

The correct option is C
25 lakhs

A tiny enterprise is defined as a business enterprise whose investment in plant and machinery does not exceed 25 lakh rupees.

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