All Courses

In India, businesses with investment up to Rs. 1 Crore and turnover up to Rs. 5 Crore are known as:

Question

In India, businesses with investment up to Rs. 1 Crore and turnover up to Rs. 5 Crore are known as:

A.

Tiny Enterprise

B.

Small Enterprise

C.

Micro Enterprise

D.

Medium Enterprise

Solution

Correct option is C

In India, businesses with investments up to Rs. 1 Crore and turnover up to Rs. 5 Crore are known as Micro Enterprise.

Similar Questions

1)
The Industrial Policy Resolution 1956 played a significant role in shaping India’s industrial development strategy. What was a key feature of this resolution?
2)
Which of the following is a correct statement about Industrial Policy Resolution 1956?
I.This resolution formed the basis of the Second Five-Year Plan, the plan which tried to build the basis for a socialist pattern of society.
II. This resolution classified industries into two categories only. The first category comprised industries which would be exclusively owned by the private sector.
3)
What was the role of the public sector in India’s industrial development from 1947 to 1991?
4)
One of the primary goals of the New Economic Policy of 1991 was to control which of
the following?
5)
During which period were coal mines nationalised in India?
6)
The Industries (Development and Regulation) Act, (IDRA), came into force in:
7)
The Industrial (Development and Regulation) Act was ﬁrst enacted in which year in India?
8)
In 2014, the Government of India extended the validity of industrial licenses to as much as __________ years from three to encourage domestic manufacturing.
9)
The IISCO and TISCO industrial plants are related to which industry?
10)
In foreign technology agreements, automatic permission is provided in high priority industry up to a sum of.

test-prime-package

Access ‘UPPSC RO ARO’ Mock Tests with

60000+ Mocks and Previous Year Papers
Unlimited Re-Attempts
Personalised Report Card
500% Refund on Final Selection
Largest Community

383k+ students have already unlocked exclusive benefits with Test Prime!

test-prime-package

Access ‘UPPSC RO ARO’ Mock Tests with

60000+ Mocks and Previous Year Papers
Unlimited Re-Attempts
Personalised Report Card
500% Refund on Final Selection
Largest Community

383k+ students have already unlocked exclusive benefits with Test Prime!