Government Support for Cottage Industries

Q. What is the purpose of the Small Industries Service Institutions?

1. It provides services and support facilities to entrepreneurs.
2. It conducts trainings and seminars for entrepreneurs on different aspects of small-scale industries.
3. It helps in the identification of suitable credit schemes, machinery, and equipment.
4. It provides necessary financial aid to small and cottage industries.

Q. Which of the following is a function of Small Industries Investment Bank (SIDBI) towards micro, small, and medium enterprises?

1. Providing high interest on investments
2. Providing tax incentives and financial concessions
3. Providing only financial concessions
4. Providing only tax incentives

Q.

What is indigenous banking system? Explain in detail in microeconomics?

Q. How do district industries centres help in industrialisation in India?

1. Help large-scale industries with labour availability
2. Help small enterprises with credit facilities
3. Help medium enterprises with raw material
4. Help large-scale industries with machinery

Q. National Small Industries Development Corporation helps small-scale industries with the sale of their goods to the government.

1. False
2. True

Q. The Government of India has started many support programmes for cottage industries. Which of the following is not a part of the support programme?

1. Mass producing through machinery
2. Opening Khadi shops to sell their products
3. Providing technical support
4. Providing marketing and finance facilities

Q. All the state governments have for technical assistance, trainings, and seminars for entrepreneurs on different aspects of small-scale industries.

1. SIDB
2. SISI
3. SIDO
4. SSC