If the investment in fixed assets of plant and machinery does not exceed one crore Rupees then that is ___________.

tiny industry

No worries! We‘ve got your back. Try BYJU‘S free classes today!

village industry

No worries! We‘ve got your back. Try BYJU‘S free classes today!

small scale industry

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

cottage industry

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is D small scale industry
If the investment in fixed assets of a company is more than Rs. 1 crore then it is called as large scale industry. Hence, if the investment in fixed assets of plant and machinery does not exceed one crore rupees then that is small scale industry.

Suggest Corrections

Similar questions

What is defined as one with the investment in fixed assets of plant and machinery does not exceed one crore rupees?

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

Q. Small scale industrial undertaking is an industrial undertaking in which the investment in fixed assets in plant and machinery, whether held on ownership terms or on lease or on hire purchase, does not exceed _______.

Q. Small scale industrial undertaking in an industrial undertaking in which the investment in fixed assets in plant and machinery, whether held on ownership terms or on lease or on hire purchase, does not exceed ________.

The investment limit in fixed assets of plant and machinery excluding land and building for a small scale service and business (industry related) enterprise is ____.

Join BYJU'S Learning Program

If the investment in fixed assets of plant and machinery does not exceed one crore Rupees then that is ___________.

The correct option is D small scale industryIf the investment in fixed assets of a company is more than Rs. 1 crore then it is called as large scale industry. Hence, if the investment in fixed assets of plant and machinery does not exceed one crore rupees then that is small scale industry.

The correct option is D small scale industry
If the investment in fixed assets of a company is more than Rs. 1 crore then it is called as large scale industry. Hence, if the investment in fixed assets of plant and machinery does not exceed one crore rupees then that is small scale industry.