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Explain the following term/concept. Service Sector - Organisation of Commerce and Management

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प्रश्न

Explain the following term/concept.

Service Sector

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उत्तर

According to MSMED on the basis of investment Micro Service Sector 'does not exceed Rs. 10 lakhs', Small Service Sector, 'more than Rs. 10 lakhs but does not exceed 2 crores ‘and Medium Service Sector 'more than Rs. 2 crores but does not exceed Rs. 5 crores’.

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अध्याय 3: Small Scale Industry and Business - EXERCISE [पृष्ठ ५७]

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बालभारती Organisation of Commerce and Management (OCM) [English] Standard 11 Maharashtra State Board
अध्याय 3 Small Scale Industry and Business
EXERCISE | Q 2 2) | पृष्ठ ५७

संबंधित प्रश्न

Select the correct option and rewrite the sentence.

_______ cost of power acquisition, frequent power cuts, irregular supply of power affect the productivity of SSI.


Select the correct option and rewrite the sentence.

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


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

An industry using power with less than 50 employees.


State True or False:

Small Business can not survive in the competition.


Complete the sentence.

SSI enjoys the advantage of ___________ cost of the produce.


Complete the sentence.

SSI are ________ intensive.


Select the correct option.

A B
More than ₹ 25 lakhs but Does not exceed ₹ 5 cores ______________

Explain the following term/concept.

Micro Small Scale Business


Explain the following term/concept.

Traditional Industrial Sector


Study the following case/situation and express your opinion.

Mr. Ram wants to start a Small Scale business of manufacturing parts of bicycles or machinery.

  1. Identify the first step or stage of setting up his Small Scale business.
  2. State the different ways of raising the capital for his business.
  3. 'Marketing is a necessary step of running a business,’ comment on it.

Study the following case/situation and express your opinion.

Mr. Rahim is keenly interested in starting the Small Scale business. But he is worried about the challenges before Small Scale business. Guide him about the solutions to face these challenges.


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

An industry using power with less than 50 employees.


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

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 feature is NOT typically associated with Small Scale Industries?


According to the MSMED Act, a micro enterprise in the manufacturing sector must invest______.


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


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