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Questions and Answers
What is the maximum investment limit in plant & machinery for a small manufacturing business according to MSMD Act, 2006?
What is the maximum investment limit in plant & machinery for a small manufacturing business according to MSMD Act, 2006?
- Up to 10 crore
- Up to 5 crore (correct)
- Up to 2 crore
- Up to 25 lakhs
What is the main focus of the National Small Industries Corporation (NSIC)?
What is the main focus of the National Small Industries Corporation (NSIC)?
- Developing agricultural technology
- Providing financial grants to small businesses
- Exporting raw materials
- Supplying imported and heavy machines on easy installments (correct)
What is the maximum investment limit in equipment for a micro service business according to MSMD Act, 2006?
What is the maximum investment limit in equipment for a micro service business according to MSMD Act, 2006?
- Up to 10 lakh (correct)
- Up to 10 crore
- Up to 5 crore
- Up to 2 crore
What is the objective of the National Small Industries Corporation (NSIC)?
What is the objective of the National Small Industries Corporation (NSIC)?
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What is the role of Small Business in Rural India according to the text?
What is the role of Small Business in Rural India according to the text?
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