wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Byju's Answer
Standard X
Economics
Need for Cottage and Small-Scale Industries
Which of the ...
Question

Which of the following statements is/are correct for cottage industries in India?

A
Also known as rural industries
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
B
Also known as village industries
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
C
Require investments of ten crore rupees in plant and machinery
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
Generate significant employment
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
Open in App
Solution

The correct option is D Generate significant employment
The cottage industry is also known as village or rural industry. They have always contributed in employment generation in India. Industries having an investment of ten crore rupees in plant and machinery are referred to as small-scale industries.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Last Two Digits of an Even No. Part 1
ECONOMICS
Watch in App
explore_more_icon
Explore more
Need for Cottage and Small-Scale Industries
Standard X Economics
Join BYJU'S Learning Program
book_image
AI Tutor
book_image
Textbooks
book_image
Question Papers
book_image
Install app
CrossIcon