English

Explain the following term/concept. Micro Small Scale Business

Advertisements
Advertisements

Question

Explain the following term/concept.

Micro Small Scale Business

Short/Brief Note
Advertisements

Solution

Micro small scale business is classified as Manufacturing Sector and Services Sector. According to MSMED, the Micro Manufacturing sector does not exceed Rs. 25 lakhs, and the Micro Services sector does not exceed Rs. 10 lakhs.

shaalaa.com
  Is there an error in this question or solution?
Chapter 3: Small Scale Industry and Business - EXERCISE [Page 57]

APPEARS IN

Balbharati Organisation of Commerce and Management [English] Standard 11 Maharashtra State Board
Chapter 3 Small Scale Industry and Business
EXERCISE | Q 2 3) | Page 57

RELATED QUESTIONS

Select the correct option and rewrite the sentence.

Small Scale Business are _____ intensive.


Select the correct option and rewrite the sentence.

Occurring obscured idea in mind of entrepreneur is _______ stage of establishing business.


Select the correct option and rewrite the sentence.

Small scale industries contribute nearly _______ to the industrial exports of the country.


State True or False:

Small Business easily get access to low interest rates.


Complete the sentence.

SSI produce consumer goods as well as ______ components.


Select the correct option.

A B
More than ₹ 5 crores but does not exceed ₹ 10 crores ____________

Select the correct option.

A B
More than ₹ 10 lakhs but does not exceed does not exceed ₹ 2 crores __________

Explain the following term/concept.

Small Scale Industry.


Explain the following term/concept.

Service Sector


Explain the following term/concept.

Traditional Industrial Sector


Attempt the following.

Explain the meaning of Small Scale industries.


Give one word/phrase/term. For the following sentence.

An industry using power with less than 50 employees


Give one word/phrase/term for the following sentence.

An industry using power with less than 50 employees.


Give one word/phrase/term. For the following sentence.

An industry using power with less than 50 employees.


Give one word/phrase/term for the following sentence.

An industry using power with less than 50 employees.


Give one word/phrase/term for the following sentence.

An industry using power with less than 50 employees.


Give one word/phrase/term for the following sentence.

An industry using power with less than 50 employees.


What is the principal criterion for classifying an industry as a Small Scale Industry (SSI) in India?


Which of the following is a key benefit of SSIs for the Indian economy?


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×