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For service enterprises, a micro unit has investment in equipment not exceeding:
AFive crore rupees
BFifty lakh rupees
CTen lakh rupees
DTwo crore rupees
Answer & Solution
Correct answer: C. Ten lakh rupees
1. Service limits are lower than manufacturing.
2. Micro service units stop at ten lakh.
3. Small service units go up to two crore.
_Source: NCERT Class 11 Business Studies, Chapter 9, Small Business and Entrepreneurship._
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