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Question

For a manufacturing enterprise to come under the preview of micro enterprise the total investment should not be more than __________.

A
Rs. 25 lakhs
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B
Rs. 20 lakhs
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C
Rs. 50 lakhs
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D
Rs. 15 lakhs
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Solution

The correct option is A Rs. 25 lakhs
Micro environment is concerned with:a) socio-cultural & demographer
b) political & legal
c) technology.
For a manufacturing enterprise to come under the preview of micro enterprise the total investment should not be more than Rs 25 lakhs.Micro enterprise depend more on micro credit.It is common to find micro enterprises in developing countries because relative lack of formal section job.

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