Q7
7. Rita manufactures and sells pickles in her small factory. The total investment in plant & machinery is Rs.15 lakhs. Name this type of Business.
Dear student,
In the given situation Rita is running a micro enterprise. According to the MSMED Act the limit for investment in plant and machinery for microenterprises is Rs 25 Lakhs.
In the given situation Rita is running a micro enterprise. According to the MSMED Act the limit for investment in plant and machinery for microenterprises is Rs 25 Lakhs.