Q. On which of the following the definition of a small-scale industry is based?
Answer: The value of the plant and machinery investment in a unit
Notes: The definition of a small-scale industry is based on the value of the plant and machinery investment in a unit. Small scale industries (SSI) are those industries in which manufacturing, providing services, productions are done on a small scale or micro scale. These industries do a one-time investment in machinery, plants, and industries which could be on an ownership basis, hire purchase or lease basis.

This question is part of 40000+ General Studies MCQ Series Course on GKToday Android app. Question Number: 20 in 12. Industries: Types, Policies and Industrial Production Data in above course in App.