📝 Multiple Choice Question
Economics
Small-scale industries in India in 1950 were defined as all those industries in which the maximum investment amounted to:
A
₹5 lakh
B
₹7 lakh
C
₹6 lakh
D
₹8 lakh
Explanation
Based on early industrial policy and the Karve Committee, a small-scale industrial unit in 1950 was legally defined by a maximum capital investment limit of rupees five lakhs.
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