Cottage and Small Scale Industries
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Q1
Cottage and small scale industries are facing several problems due to large scale industries because of the following reasons (given in the options) except ________.
Marks:1View AnswerAnswer:
large scale units are scattered
Explanation:
Cottage and small scale industries face tough competition from large scale units as they are highly efficient and organised. Also, goods are produced by large scale industries at lower cost using modern technology.
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Q2
Identify the role which is not performed by small scale and cottage industries.
Marks:1View AnswerAnswer:
Concentration of Industries in few regions
Explanation:
The various role performed by small scale and cottage industries are as follows:
· Employment-oriented
· Decentralisation of Industries
· Less Pressure of Population on Land
· Increase in Production
· Equal Distribution of Income and Wealth
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Q3
The industries like bidi making, embroidery industries in which work is done by mostly family members are classified as ____________.
Marks:1View AnswerAnswer:
Cottage Industries
Explanation:
The industries like bidi making, embroidery industries in which work is done by mostly family members are classified as cottage industries.
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Q4
The industries in which fixed Capital Investment is up to
25 lakhs is classified as __________________.Marks:1View AnswerAnswer:
tiny industries
Explanation:
The industries in which fixed Capital Investment up to
25 lakhs are classified as tiny industries. -
Q5
Small Scale Industries refer to all those units which have fixed capital investment of _________.
Marks:1View AnswerAnswer:
up to ₹ 5 crores
Explanation:
Small Scale Industries refer to all those units which have a fixed capital investment of up to ₹ 5 crores. For example, Khadi and handloom, handicrafts, sericulture etc.
