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.
Name the apex bank set up to provide direct and indirect financial assistance to small scale sector.
Q 3.
What is the investment limit for SSI?
Q 4.
State the features of cottage industries.
Q 5.
What are the measures taken by the Government to solve the problem of finance in the small scale sector?
Q 6.
What forms of support is offered to small industries by the government?
Q 7.
What is the parameter used by the government to identify service enterprise?
Q 8.
What are the different parameters used to measure the size of business?
Q 9.
What is the difference between small scale enterprise and cottage industry?
Q 10.
What do you mean by small business? Describe the feature of small scale enterprise.
Q 11.
What is the role of District Industries Centre for the growth of small business in India?
Q 12.
Explain the role of SIDBI in promoting small scale enterprises.
Q 13.
How much do small industries in India account for the total industrial units?
Q 14.
What is the role of National Small Industries Corporation for the growth of small business units in India?
Q 15.
What is the purpose of NABARD?
Q 16.
Explain the areas where small businesses feel threatened from global competition.
Q 17.
Name the institution which was set up in 1982 to promote integrated rural development.
Q 18.
Discuss any two characteristics of SSI.
Q 19.
Write a short note on WASME.
Q 20.
Explain the meaning of small scale industry with its different categories.
Q 21.
Write a short note on village and small industries sector.
Q 22.
Give one feature of Cottage Industries.
Q 23.
Give full from of NABARD.
Q 24.
Discuss the problems faced by small scale industries.
Q 25.
Name any two units included in SSI category.
Q 26.
Give any two problems faced by SSI.
Q 27.
Highlight the role of the small business in promoting economic growth and solving other socio-economic problems.
Q 28.
Write a short note on SIDO.
Q 29.
How do small scale industries contribute to the socio-economic development of India?
Q 30.
What are the incentives provided by the government for industries in backward and hilly areas?
Q 31.
What incentives have been taken by government to promote small scale industries?
Q 32.
Name any two institutions specially set up to promote small scale enterprises.
Q 33.
Describe the scope of small business in India.
Q 34.
Describe briefly the problems of small scale enterprises.
Q 35.
Give any two incentives offered by the Government to small scale industries.
Q 36.
What measures have the Government taken to solve the problem of finance and marketing in the small scale sector?
Q 37.
State the objectives of small business in rural India.
Q 38.
What are the causes of sickness in small industries?
Q 39.
Describe the role of small business in rural India?
Q 40.
Small business is business at small scale. Do you agree? Explain.
Q 41.
List out major industry groups in the small sector in India.
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?
