GK
INDIAN ECONOMY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Small scale industries need support of the government because-A)selling electricity at high cost can push the cost of production.B)small scale industries employ largest number of workers
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A is true but B is wrong
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B is true but A is incorrect
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Both A and B are incorrect
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Both A and B are correct reasons
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Explanation:
Detailed explanation-1: -In a country like India, the small scale industries play a very important role in generating employment, improving the financial status of people, development of rural areas and removing the regional imbalances.
Detailed explanation-2: -Some of the Government Policies for development and promotion of Small-Scale Industries in India are: 1. Industrial Policy Resolution (IPR) 1948, 2. Industrial Policy Resolution (IPR) 1956, 3. Industrial Policy Resolution (IPR) 1977, 4.
Detailed explanation-3: -PMMY or Pradhan Mantri Mudra Yojana. CGS or Credit Guarantee Scheme. Bank Credit Facilitation Scheme. Stand-Up India Scheme: SMILE or SIDBI Make in India Loan for Enterprises: MSME Loans for start-ups in 59 minutes:
There is 1 question to complete.