In the Small Sector Industrial Policy 1991, the investment limit in plant and machinery of small scale units is ______________.

Rs. 35 lakhs

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Rs. 50 lakhs

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Rs. 1 crore

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Rs. 75 lakhs

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Solution

The correct option is D Rs. 1 crore
Small Scale Industry (SSI) is an industrial undertaking in which the investment in fixed assets in plant and machinery, whether held on ownership term or on lease or hire purchase, does not exceed Rs 1 crore.

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In the Small Sector Industrial Policy 1991, the investment limit in plant and machinery of small scale units is ______________.

The correct option is D Rs. 1 crore Small Scale Industry (SSI) is an industrial undertaking in which the investment in fixed assets in plant and machinery, whether held on ownership term or on lease or hire purchase, does not exceed Rs 1 crore.

The correct option is D Rs. 1 crore
Small Scale Industry (SSI) is an industrial undertaking in which the investment in fixed assets in plant and machinery, whether held on ownership term or on lease or hire purchase, does not exceed Rs 1 crore.