Small-Scale Industry Investment 1950
In 1950, a small-scale industrial unit invested a maximum of:
- Rupees one lakh
- Rupees five lakh — Correct Answer
- Rupees ten lakh
- Rupees one crore
Explanation:
Correct Answer Explanation
In 1950, maximum investment was rupees five lakh. Present limit: rupees one crore.
Key Points:
- Defined with reference to maximum investment on assets.
- Limit has changed over time.
- Karve Committee (1955) noted potential for rural development.
📚 About this Topic — CH-2: INDIAN ECONOMY 1950–1990
This multiple choice question is from CH-2: INDIAN ECONOMY 1950–1990, Indian Economic Development, NCERT Books. It has 4 options with a detailed explanation of the correct answer. Practice more MCQs from CH-2: INDIAN ECONOMY 1950–1990 to strengthen your preparation.
