Tag: cottage and small scale industries

Questions Related to cottage and small scale industries

Countries which are industrially developed have _______ per capital income.

organisation of commerce and management the nature of the indian economy part 2 industrial revolution in india subsidies, industrial policy and trade policy cottage and small scale industries

  1. higher

  2. lower

  3. lowest

  4. moderate

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Correct Option: A

Over the years, the value added by industrial sector in the GDP has ____.

organisation of commerce and management the nature of the indian economy part 2 industrial revolution in india subsidies, industrial policy and trade policy cottage and small scale industries

  1. improved

  2. declined

  3. remained constant

  4. hasn't shown any specific trend

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Correct Option: A

Intermediate goods means _________.

organisation of commerce and management the nature of the indian economy part 2 industrial revolution in india subsidies, industrial policy and trade policy cottage and small scale industries

  1. minerals, fertilizers, cement , steel , iron etc.

  2. machinery, machine tools etc.

  3. chemicals, rubber, plastic, coal etc.

  4. man-made fibers, beverages, watch etc.

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Correct Option: C

Consumer goods means ________.

organisation of commerce and management the nature of the indian economy part 2 industrial revolution in india subsidies, industrial policy and trade policy cottage and small scale industries

  1. minerals, fertilizers, cement, steel, etc.

  2. machinery, machine tools etc.

  3. chemicals, rubber, plastic, coal etc.

  4. man-made fibers, beverages, watches etc.

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Correct Option: D

Public sector is now of size & _______.

organisation of commerce and management the nature of the indian economy part 2 industrial revolution in india subsidies, industrial policy and trade policy cottage and small scale industries

  1. large, diversified

  2. small, concentrated in few areas

  3. large, concentrated in few areas

  4. small but diversified

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Correct Option: A

Pattern of industrial development spice independence has been ________.

organisation of commerce and management the nature of the indian economy part 2 industrial revolution in india subsidies, industrial policy and trade policy cottage and small scale industries

  1. balanced

  2. skewed

  3. lopsided

  4. unbalanced

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Correct Option: C

First Major legislative Act regarding the industrial Policy came in _____.

organisation of commerce and management the nature of the indian economy part 2 industrial revolution in india subsidies, industrial policy and trade policy cottage and small scale industries

  1. $1957$

  2. $1952$

  3. $1950$

  4. $1949$

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Correct Option: A

The performance of public sector in India has been ________.

organisation of commerce and management the nature of the indian economy part 2 industrial revolution in india subsidies, industrial policy and trade policy cottage and small scale industries

  1. satisfactory

  2. good

  3. excellent

  4. poor

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Correct Option: D

Employment in small-scale & cottage industries is next only to that of  __________ sector .

organisation of commerce and management the nature of the indian economy part 2 industrial revolution in india subsidies, industrial policy and trade policy cottage and small scale industries

  1. agricultural

  2. industrial

  3. services

  4. none of above

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Correct Option: A

The oldest large scale industry in India is _________.

organisation of commerce and management the nature of the indian economy part 2 industrial revolution in india subsidies, industrial policy and trade policy cottage and small scale industries

  1. cotton textiles

  2. iron and Steel

  3. jute

  4. paper

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Correct Option: A
Explanation:

The first cotton cloth mill in India was established in 1818 at Kolkata. And the 2nd mill established by KGN Saber in 1854 laid the base for the further development. It is since then India is involved into cotton and textile industry. Now this sector contributes 4% of the GDP, and our country is the second largest producer of fibre in the world.