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Industry & Trade, 1950–90 · Question 20 of 53

Question 20

EasyOriginal question

In 1950, a small-scale industry was defined as one with a maximum investment in assets of

Options for question 20

Show the answer and explanation
CorrectNot quiteAnswer D

Correct answer: D

Explanation

  1. A small-scale unit was defined by the value of its assets: at most ₹5 lakh in 1950. The limit has been raised several times since.

Concept
Defining SSI
Typical time
40 s
Your time
—
The rule this testsSmall-scale industry
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Ten questions from Industry & Trade, 1950–90, at your own pace.

Practise this chapter →

Ten questions from Industry & Trade, 1950–90, at your own pace.

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