Question

Identify the type of industry according to the given features:
(i) use lesser amount of capital and technology
(ii) e.g. are silk weaving and food processing industries.

• A. Cottage industries
• B. Small-scale industries
• C. Large-scale industries
• D. None of the above

Answer 1

The correct option is B Small-scale industries

Small Scale Industries- These are the industrial undertakings having fixed investment in plant and machinery, whether held on ownership basis or lease basis or hire purchase basis not exceeding Rs. 1 crore.