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Question

In India, industries with a fixed asset of more than ________ are called large scale industries.

A
Two million rupees
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B
One hundred million rupees
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C
One million rupees
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D
Five million rupees
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Solution

The correct option is C One hundred million rupees
Big business involves large-scale corporate-controlled financial or business activities. As a term, it describes activities that run from "huge transactions" to the more general "doing big things".
Here are some advantages of large scale industries: They provide an impetus to the industrialization of the country. Large scale industries, usually, produce capital and basic goods (instruments, machines, chemicals, etc.) Also, the employment opportunities created by large scale industries are huge.
Examples of large scale industries include fertilizer, cement, natural gas, coal, metal extraction, metal processing, petroleum, natural gas, mining, electrical, petrochemical, food processing units, tourism, banking, sugar, construction, automobile, communication equipment, cement, chemicals, earth movers, consumer.

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