Practice free →
Home › CBSE Class 12 (Arts) › Economics › Indian Economic Development: Development Experience (1947-90) and Economic Reforms since 1991 › In 1950, a small-scale unit could invest at most…

In 1950, a small-scale unit could invest at most how much in assets?

ARupees five crore
BRupees fifty lakh
CRupees five lakh
DRupees one crore
Answer & Solution
Correct answer: C. Rupees five lakh
The 1950 investment limit for a small-scale unit was five lakh rupees; it has since been raised to one crore.
Solve this in the app — CBSE Class 12 (Arts) practice & 24k+ MCQs →
Related questions