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Question
If the industry’s investment is more than 50 crores and its turnover is more than 250 Crores, it is considered as a _____________.
If the industry’s investment is more than 50 crores and its turnover is more than 250 Crores, it is considered as a _____________.
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Solution
The correct option is B Large scale industry
If the industry’s investment is more than 50 crores and its turnover is more than 250 Crores, it is considered as a large scale industry. If the industry's investment in plant and machinery or equipment is less than ten crores and its turnover is less than fifty crores then it is categorised as a small scale industry.
If the industry’s investment is more than 50 crores and its turnover is more than 250 Crores, it is considered as a large scale industry. If the industry's investment in plant and machinery or equipment is less than ten crores and its turnover is less than fifty crores then it is categorised as a small scale industry.
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