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Question 1
Ancillarisation mean;
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a. Development of supporting industries
O b. Setting industries to process by products
Oc Integration of small scale and large industries
O d. Developing industries to provide inputs
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Answer:
c is the correction option
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Answer:
The correct option is (c) Integration of small scale and large industries
Explanation:
- An ancillary unit exists represented as an Industrial undertaking having acquisition in fixed assets, in-plant & machinery whether kept on ownership or hire acquisition not surpassing Rs. 100 crore.
- The major distinction between SSI & ancillary exists that unit form which can be identified as a full-fledge extensive business can be a part of ancillary but under SSI such unit can get converted into medium or large-scale sectors.
- Major advantages of the Ancillarisation industry to a government are that:
- -Growth of employment
- Growth of GDP
- Growth of entrepreneurship
Therefore, Ancillarisation means (c) Integration of small-scale and large industries.
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