Question

State with reasons whether the following statements are true or False.

Jute business brings maximum foreign exchange.

Answer 1

Jute business brings maximum foreign exchange- True

Explanation:
Among the small scale industries, jute business brings the maximum foreign exchange, as the demand for jute products is high outside India. These products are exported to different parts of the world. The range of jute products is wide and includes shopping bags, carpets and handicraft products which fetch high amount of foreign exchange into the country.