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    In which industrial policy was the investment limit for tiny industry/unit increased to Rs. 2 lakh?
    Question

    In which industrial policy was the investment limit for tiny industry/unit increased to Rs. 2 lakh?

    A.

    1977

    B.

    1991

    C.

    1980

    D.

    1956

    Correct option is C

     
     
    The correct answer is (c) 1980.
    1980 Industrial Policy:-
    · The industrial policy in which the investment limit for tiny industry/unit was increased to ₹2 lakh is the 1980 industrial policy.
    · This policy was introduced with the aim of promoting small-scale industries and providing them with financial assistance.
    · The increase in investment limit allowed more entrepreneurs to enter the market and set up their own businesses.
    · This policy also introduced measures such as reservation of products, subsidies on raw materials, and priority lending to small-scale industries to further support their growth.

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