47. Which of the following sectors needs government's support for procuring raw material and marketing of output? O(a) Public sector O (b) Unorganised Sector 0 (c) Organised Sector O (d) Small-scale Industry
Answers
Answer:
option d
Explanation:
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Answer:
The answer that corresponds with the question is (d), which stands for small-scale industry. Small-scale industries require the assistance of the government in order to get raw materials and promote their products.
Explanation:
Small unit sectors have received support and development from the Indian government. India is putting greater emphasis on cottage industry and rural businesses. In plain English, a tiny business is a project or endeavour that calls for a modest budget or is managed by a small staff. The economic and industrial advancement of underdeveloped, hilly, and tribal regions of India is given extra attention by the Indian government. The development of small-scale businesses and industries has been attested to and supported by committees, which have also been established to recommend necessary plans.
The government founded NABARD in 1982 to take action and advance rural businesses. It has used multifaceted marketing approaches to encourage rural business in India.
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