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Small Business — Business Studies STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceBusiness StudiesSmall Business3 Marks
Question
Which business units are constituted under the tiny sector? This sector enjoys state patronage bilelaager in which areas?
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Answer

Only those business enterprises are constituted under the tiny sector whose investment in plant and bo to me machinery is presently upto ₹ 25 lakh, but it is to be raised further shortly. This sector enjoys state patronage continuously in the form of:
  1. Land allotment.
  2. Electricity connection.
  3. Technology upgradation.
  4. Monetary help from financial institutions.
  5. Getting priority in the list of government purchases orders.

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