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EXERCISES
Short Answer Questions
1. What are the different parameters used to measure the size of business?
2. What is the definition used by Government of India for Small Scale Industries?
3. How would you differentiate between an ancillary unit and a tiny unit?
4. State the features of cottage industries.
Long Answer Questions
1. How do small scale industries contribute to the socio-economic development of india?
2. Describe the role of small business in rural India.
3. Discuss the problems faced by small scale industries.
4. What measures has the government taken to solve the problem of finance and marketing in the small scale sector?
5. What are the incentives provided by the Government for industries in backward and hilly areas?
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