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Indian Economy 1950-1990 — Economics STD 12 Humanities & Commerce — Question

Rajasthan BoardEnglish MediumSTD 12 Humanities & CommerceEconomicsIndian Economy 1950-19901 Mark
Question
Define a 'small-scale industry'.
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Answer

A small-scale industry in 1950 was defined as an industrial unit which invested a maximum of rupees five lakh but at present the maximum investment allowed is rupees one crore.

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