5 Questions
What is the maximum investment limit in plant & machinery for a small manufacturing business according to MSMD Act, 2006?
Up to 5 crore
What is the main focus of the National Small Industries Corporation (NSIC)?
Supplying imported and heavy machines on easy installments
What is the maximum investment limit in equipment for a micro service business according to MSMD Act, 2006?
Up to 10 lakh
What is the objective of the National Small Industries Corporation (NSIC)?
Promote and fasten the growth of SSI in the country
What is the role of Small Business in Rural India according to the text?
Employment, rural development, strengthening economic condition, mobilization of local resources
Test your knowledge of small business concepts with this quiz on Class 11 Business Notes. Explore topics such as the MSMD Act, investment limits, and employment opportunities in small-scale industries.
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