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Explain the following term/concept. Small Scale Industry.

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प्रश्न

Explain the following term/concept.

Small Scale Industry.

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उत्तर

A small-scale industry is an industrial unit in which the investment in plant and machinery is limited and production is done on a small scale. These industries are usually owned and managed by individuals or small groups. They use local resources, generate employment, and contribute to regional development. Earlier, such industries were defined by an investment limit of up to ₹1 crore in plant and machinery, but under the updated MSME norms (2020), a small enterprise is one with an investment up to ₹10 crore and a turnover up to ₹50 crore.

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

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बालभारती Organisation of Commerce and Management [English] Standard 11 Maharashtra State Board
अध्याय 3 Small Scale Industry and Business
EXERCISE | Q 2 1) | पृष्ठ ५७

संबंधित प्रश्न

Select the correct option and rewrite the sentence.

Small Scale Business are _____ intensive.


Select the correct option and rewrite the sentence.

Small scale industries contribute nearly _______ to the industrial exports of the country.


Match the pairs.

Group ‘A’ Group ‘B'
A) Micro-Manufacturing sector 1) Handloom
B) Traditional Small Scale business 2) Unskilled
C) Registration 3) Does not exceed ₹ 25 lakhs
D) Labour 4) 40% of exports of India
E) Bicycle 5) Does not exceeds ₹ 1 lakhs
  6) DIC
  7) Marketing Problem
  8) Modern Small Scale business
  9) Project Appraisal
  10) Cost-efficiency

Give one word/phrase/term.

A sector which is back bone of rural India.


State True or False:

Small Business can not survive in the competition.


Complete the sentence.

SSI produce consumer goods as well as ______ components.


Select the correct option.

A B
_____________ Does not exceed ₹ 25 lakhs

Select the correct option.

A B
___________ Does not exceed ₹ 10 lakhs

Correct the underined word and rewrite the following sentence.

The problem of employment has been becoming more serious in India.


Correct the underlined word and rewrite the following sentence.

India is material abundant country.


Arrange in proper order.

a) Selection of a place
b) Selection of a product
c) Business proposal
d) Selection of technology


Explain the following term/concept.

Micro Small Scale Business


Attempt the following.

Explain in brief the impact of capital on Small Scale industries.


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

An industry using power with less than 50 employees


Give one word/phrase/term.

An industry using power with less than 50 employees.


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


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