Question

<!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}--> If the industry’s investment is more than 50 crores and its turnover is more than 250 Crores, it is considered as a _____________.

• A. Medium scale industry
• B. Large scale industry
• C. Micro scale industry
• D. Small scale industry

Answer 1

The correct option is B Large scale industry

<!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}--> 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.