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Solutions for Fair Globalisation

Investment in...

Question

Investment in education, skills, and technology can help small-scale manufacturers to produce competitive and quality goods.

A

False

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B

True

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Solution

The correct option is B True

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Q. Which of the following is/are among the few major outcomes of investing in education, skills, and technology for small-scale manufacturers?

Statement: Should government established higher level Institutes of Technology (IIT's) be privatized?

Arguments:
I. Yes. Privatization will make these institutes financially healthy, competitive and quality conscious.
II. Yes. Privatization is the key of the new era - can we survive without it?
III. No. Standard of education of these institutes will fall.

Q. Assertion (A): Non-factory manufacturing units produce goods without having any extensive factory system.

Reason (R): The factories operate on a small scale and low capital, so they are also called small-scale manufacturing businesses.

Help in distribution of goods,personal selling and enabling large scale operations are services provided to wholesalers and manufacturers by ___

Q. Non-factory manufacturing units produce goods with a factory system and heavy machinery. So, they operate on a small scale and low capital.

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