Question

Which of the following is/are not true for small-scale industries?

• A. They are also known as village or rural industries.
• B. Family members or locally available artisans are the workers.
• C. The investment is lower than cottage industries.
• D. They produce modern goods such as electrical items like bulbs and exhaust fans, chemical products like incense sticks, etc.

Answer 1

Answer: (A), (B), (C)

The investment is lower than cottage industries.

Cottage industries are also known as village or rural industries. Small-scale industries produce goods to cater to a larger population in a wider area. They invest a comparatively higher amount of capital because they employ hired workers and work with machinery run on power. Small-scale industries produce goods like electrical items, incense sticks, wax candles, toys, etc.