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Question

Small scale industries in 1950 were defined as all those industries in which the maximum investment was ________ lakh rupees.

The correct answer is

five

In 1950, the definition of small-scale industries in India was based on the maximum investment limit. Initially, it was set at five lakh rupees to promote small entrepreneurs and encourage industrial development in rural and semi-urban areas.

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Important Questions from Industrial Sector

  1. Unemployment arising due to mismatch between Job availability in the market and skills of available worker is called?

  2. In India, which of the following is NOT an objective of the National Manufacturing Policy?

  3. Which of the following is NOT an aid or auxiliary to trade?

  4. Who released a special stamp entitled ‘Wheat Revolution’ in July 1968?

  5. Effect of The Industrial Policy, 1956 on industries was  .

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