Question

Read the following statements:
1) Cottage industries occupation are hereditary in nature.
2) Some of the goods produced in cottage industries are also exported.
3) Cottage industries adopt high level of technology and requires huge capital.

Which of the following is correct?

• A. $1$ is true and $2$ and $3$ are false
• B. $1$ is false and $2$ and $3$ are true
• C. $2$ is true and $1$ and $3$ are false
• D. $3$ is false and $1$ and $3$ are true

Answer 1

The correct option is C $2$ is true and $1$ and $3$ are false

(i)Cottage industries occupation are hereditary in nature- Any one can start cottage industry -False
(ii)Some of the goods produced in cottage industries , are also exported - Yes Goods produce by cottage industries has good demand in international market
(iii)Cottage industries adopt high level of technology and requires huge capital-No it is not true because starting a cottage not required huge capital and technology
Therefore statement 2 is true and 1 and 3 are false
Hence, option 'C' is correct.