Advertisements
Advertisements
Question
Explain the following term/concept.
Service Sector
Advertisements
Solution
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’.
APPEARS IN
RELATED QUESTIONS
Select the correct option and rewrite the sentence.
Before setting up a business, it is essential to study the prevailing _________ environment.
Select the correct option and rewrite the sentence.
Small Scale Business are _____ intensive.
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 |
Find the odd one.
Complete the sentence.
SSI enjoys the advantage of ___________ cost of the produce.
Complete the sentence.
SSI requires __________ capital as compared to large scale industries.
Complete the sentence.
SSI produce consumer goods as well as ______ components.
Answer in one sentence.
State the example of Traditional Small Scale Industry.
Answer in one sentence.
Give examples of Modern Small Scale Industry.
Correct the underined word and rewrite the following sentence.
SSI begins with large amount of capital.
Explain the following term/concept.
Modern 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.
- Identify the first step or stage of setting up his Small Scale business.
- State the different ways of raising the capital for his business.
- 'Marketing is a necessary step of running a business,’ comment on it.
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 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?
Which form of ownership is most common for small-scale industries, as shown in the features diagram?
