Manufacturing Industries (Class - X)

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Multiple Choice

Which of the following statements regarding small scale industries is/are correct?

  1. A small scale industry is defined with reference to the maximum investment allowed on the assets of a unit.
  2. The maximum investment allowed in a small scale industry is rupees fifty lacs.
  3. A small scale industry is defined as one which supplies its products to manufacture other goods.
  4. All of the above
  5. Both 1 and 2
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