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Question

In the New Industrial Policy 1991, the asset limit of MRTP Companies is _____.

A
Rs. 25 Crores
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B
Rs. 80 Crores
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C
Rs. 100 Crores
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D
No limit
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Solution

The correct option is D No limit
In the New Industrial Policy, 1991, the asset limit of MRTP Companies is no limit. New Industrial Policy, 1991 can be referred to as a reform in Indian economy. It caused several changes in the industrial sector. It helped to create a more free economy and competitive business environment.
Hence, option (D) is the correct answer.

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