1. It can manufacture parts, components, sub assemblies,tools or intermediate products for the parent unit.
2. These units have the advantage of assured demand from parent units.
The above features reflect which type of small business?

Small scale industry

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Ancillary small industrial unit

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Tiny industrial units

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Micro business enterprises

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Solution

The correct option is B Ancillary small industrial unit
Ancillary small industrial unit

Ancillary Industries:
These are industrial undertakings having fixed investment in plant and machinery not exceeding Rs. 1 crore engaged in or proposed to engage in,
(a) The manufacture of parts, components, sub-assemblies, tooling or intermediaries, or
(b) The rendering of services supplying 30 percent of their production or services as the case may be, to other units for production of other articles.

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1. It can manufacture parts, components, sub assemblies,tools or intermediate products for the parent unit.2. These units have the advantage of assured demand from parent units.The above features reflect which type of small business?

1. It can manufacture parts, components, sub assemblies,tools or intermediate products for the parent unit.
2. These units have the advantage of assured demand from parent units.
The above features reflect which type of small business?