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11th Class Business Studies Small Business Question Bank Small Business (Short)

  • question_answer
    What is the parameter used by the government to identify service enterprise?

    Answer:

    Ans.     An industry is a micro enterprise if investment in equipment does not exceed Rs.10 lakhs. An industry is a small enterprise if investment in equipment is more than Rs.10 lakhs but does not exceed Rs.2 crore. An industry is a medium enterprise if investment in equipment is more than Rs.2 crore but does not exceed Rs.5 crore.


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