Which of the following industries are not classified on the basis of size ?
a) Cottage
b) Small - scale
c) Large - scale
d) Iron and steel
Answers
Answer:
All of these
Industries are broadly classification into three types (i.e. On the basis of Raw Materials, On the basis of Size and On the basis of Ownership).
1. On the basis of Raw Materials: These types of industries are classified depending on the type of raw materials they use.
Agro Based Industries
Mineral Based Industries
Pastoral Based Industries
Marine Based Industries
Forest Based Industries
2. On the basis of Size: These types of industries are classified depending on the amount of capital invested, number of people employed and the volume of production.
Large Scale Industries
Small Scale Industries
Cottage or Household Industries
3. On the basis of Ownership: These types of industries are classified on the basis of ownership.
Private Sector Industries
Public Sector Industries
Joint Sector Industries
Co-operative Sector Industries
Multinational Corporations
Answer:
Based on size, industries can be classified intosmall scale and large scale industries. Cottageor household industries are a type of small scale industry where the products are manufactured by hand, by the artisans. Basket weaving, pottery and other handicrafts are examples of cottage industry.
Explanation: