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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. With reference to casual workers employed in India, consider the following statements :

    1. All casual workers are entitled to Employees Provident Fund coverage.

    2. All casual workers are entitled to regular working hours and overtime payment.

    3. The government can by a Notification specify that an establishment or industry shall pay wages only through its bank account.

    Which of the above statements are correct?

  2. With reference to ‘WaterCredit’, consider the following statements :

    1. It puts microfinance tools to work in the water and Sanitation sector.

    2. It is a global initiative launched under the aegis of the World Health Organization and the World Bank.

    3. It aims to enable the poor people to meet their water needs without depending on subsidies.

    Which of the statements given above are correct?

  3. Recently, India's first 'National Investment and Manufacturing Zone' was proposed to be set up in

  4. Which one among the following industries is the maximum consumer of water in India?

  5. With reference to the usefulness of the byproducts of sugar industry, which of the following statements is/are correct? 

    1. Bagasse can be used as biomass fuel for the generation of energy. 

    2. Molasses can be used as one of the feedstocks for the production of synthetic chemical fertilizers. 

    3. Molasses can be used for the production of ethanol. 

    Select the correct answer using the codes given below:

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