Question

The investment in Plant & Machinery up to which among the following amounts in India is called a Tiny Unit in India?

A Rs 5 Lakh Correct Answer Incorrect Answer
B Rs 10 Lakh Correct Answer Incorrect Answer
C Rs 15 Lakh Correct Answer Incorrect Answer
D Rs. 25 Lakh Correct Answer Incorrect Answer

Solution

As per RBI Circulars, The status of ‘Tiny Enterprises’ may be given to all small scale units whose investment in plant & machinery is up to Rs. 25 lakh, irrespective of the location of the unit.

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