Multiple choice

The definition of 'small scale industry' in India is based on

  1. sales by the unit

  2. investment in machines and equipments

  3. market coverage

  4. export capacity

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Traditionally and under historic frameworks in India, the definition and classification of small scale industries (SSI) have been primarily based on the level of investment in plant, machinery, and equipment.