Chemical Engineering - Chemical Engineering Basics - Discussion

Discussion Forum : Chemical Engineering Basics - Section 12 (Q.No. 20)
20.
Pick out the wrong statement.
Partnership is suitable for medium size business.
A certain minimum of subscription of capital is required for legally starting a business in a Public Limited Joint Stock Company.
Public Limited Joint Stock Company is legally bound to issue prospectus after registration.
A small scale industry is the one, which has a minimum capital investment of Rs. 50 lakhs and maximum 100 lakhs.
Answer: Option
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