Economics · Economy
Historically, under the Industries (Development and Regulation) Act, small-scale industrial units in India were primarily classified and defined on the basis of which criteria?
- 1The aggregate volumetric capacity of goods designated for export
- 2The ceiling limit of capital investment made in plant and machinery✓
- 3The annual gross financial turnover generated by the firm
- 4The total headcount of manual and technical workers employed
Correct answer
The ceiling limit of capital investment made in plant and machinery
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