Question:
Explain the meaning of small scale industry with its different categories.
Answer:
In Indian economy small-scale and cottage industries occupy an important place, because of their employment potential and their contribution to total industrial output and exports.
Government of India has taken a number of steps to promote them. However, with the recent measures, small-scale and cottage industries facing both internal competition as well as external competition.
There is no clear distinction between small-scale and cottage industries. However it is generally believed that cottage industry is one which is carried on wholly or primarily with the help of the members of the family. As against this, small-scale industry employs hired labour.
Moreover industries are generally associated with agriculture and provide subsidiary employment in rural areas. As against this, small scale units are mainly located in urban areas as separate establishments.
Definition: Small scale industry is defined as a unit in which investment in original value of plant and machinery should not exceed Rs 1.5 crore.
However, to facilitate technology upgradation and enhance competitiveness, the investment limit has been raised to Rs 5 crore in respect of 71 high tech export oriented items in drugs, pharmaceuticals, hand-tools and knitwear sectors, etc.
Different categories include:
- Micro and tiny industries
- Women enterprises
- Cottage industries
- Village industries
Small Business
Q 1.
Give full from of SIDBI .
Q 2.
What is the investment limit for SSI?
Q 3.
Name the apex bank set up to provide direct and indirect financial assistance to small scale sector.
Q 4.
What is the difference between small scale enterprise and cottage industry?
Q 5.
What are the measures taken by the Government to solve the problem of finance in the small scale sector?
Q 6.
What is the parameter used by the government to identify service enterprise?
Q 7.
State the features of cottage industries.
Q 8.
What forms of support is offered to small industries by the government?
Q 9.
Explain the role of SIDBI in promoting small scale enterprises.
Q 10.
What are the different parameters used to measure the size of business?
Q 11.
What do you mean by small business? Describe the feature of small scale enterprise.
Q 12.
Explain the areas where small businesses feel threatened from global competition.
Q 13.
What is the role of District Industries Centre for the growth of small business in India?
Q 14.
Explain the meaning of small scale industry with its different categories.
Q 15.
Give one feature of Cottage Industries.
Q 16.
What is the purpose of NABARD?
Q 17.
Write a short note on WASME.
Q 18.
Name the institution which was set up in 1982 to promote integrated rural development.
Q 19.
Discuss the problems faced by small scale industries.
Q 20.
How much do small industries in India account for the total industrial units?
Q 21.
What is the role of National Small Industries Corporation for the growth of small business units in India?
Q 22.
How do small scale industries contribute to the socio-economic development of India?
Q 23.
Discuss any two characteristics of SSI.
Q 24.
Write a short note on village and small industries sector.
Q 25.
Name any two units included in SSI category.
Q 26.
Give full from of NABARD.
Q 27.
Name any two institutions specially set up to promote small scale enterprises.
Q 28.
Highlight the role of the small business in promoting economic growth and solving other socio-economic problems.
Q 29.
What incentives have been taken by government to promote small scale industries?
Q 30.
Give any two problems faced by SSI.
Q 31.
Write a short note on SIDO.
Q 32.
What are the incentives provided by the government for industries in backward and hilly areas?
Q 33.
Describe the scope of small business in India.
Q 34.
Give any two incentives offered by the Government to small scale industries.
Q 35.
Describe briefly the problems of small scale enterprises.
Q 36.
What are the causes of sickness in small industries?
Q 37.
State the objectives of small business in rural India.
Q 38.
What measures have the Government taken to solve the problem of finance and marketing in the small scale sector?
Q 39.
Describe the role of small business in rural India?
Q 40.
List out major industry groups in the small sector in India.
Q 41.
Small business is business at small scale. Do you agree? Explain.
Q 42.
How would you differentiate between an ancillary unit and a tiny unit?
Q 43.
What is the definition used by government of India for Small Scale Industries?
