Question

Which of the following statement is true for small scale industries?

• A. Four persons are employed for 1,00,000 of rupee investment.
• B. Small scale industries are less labour intensive than larger organisation.
• C. They are not good for income generation.
• D. Opportunities in small scale industries are rare.

Answer 1

The correct option is D Opportunities in small scale industries are rare.

Small scale industries refers to those industries which requires less capital, less labour as well as less equipments for production. Nowadays, people get attracted more to large scale industry as they produce in large number, have skilled labour for working. Hence, opportunities are less in small scale industries.