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Question
Explain the following term/concept.
Modern Industrial Sector
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Solution
Small Scale Industries are further classified as Traditional Small Scale Industries and Modern Small Scale Industries. Bicycle Parts, Sewing Machines, Blades, Razors, Electric Appliances, Spare Parts are the examples of Modern Small Scale Industries.
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RELATED QUESTIONS
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 |
State True or False:
Majority Small Scale industry uses advanced technology.
State True or False:
Small Business easily get access to low interest rates.
State True or False:
Small Business can not survive in the competition.
Complete the sentence.
SSI requires __________ capital as compared to large scale industries.
Complete the sentence.
SSI produce consumer goods as well as ______ components.
Select the correct option.
| A | B |
| More than ₹ 25 lakhs but Does not exceed ₹ 5 cores | ______________ |
Select the correct option.
| A | B |
| More than ₹ 5 crores but does not exceed ₹ 10 crores | ____________ |
Select the correct option.
| A | B |
| ___________ | Does not exceed ₹ 10 lakhs |
Answer in one sentence.
What is SSI?
Correct the underined word and rewrite the following sentence.
SSI begins with large amount of capital.
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.
Service Sector
Attempt the following.
Explain the meaning of 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. For the following sentence.
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.
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.
What is the principal criterion for classifying an industry as a Small Scale Industry (SSI) in India?
