Advantages and Opportunities of Small Scale Industries (SSIs)
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Questions and Answers

What is one of the advantages of Small Scale Industries (SSIs) mentioned in the text?

  • Slow setup process
  • High capital investment requirements
  • Ability to cater to local needs (correct)
  • Limited flexibility and innovation

How do SSIs compare to large-scale industries in terms of setup time and capital investment requirements?

  • SSIs require less time to set up and less capital investment (correct)
  • SSIs require more time to set up and more capital investment
  • SSIs require more time to set up and less capital investment
  • SSIs require less time to set up and more capital investment

What is one of the challenges faced by SSIs according to the text?

  • Access to unlimited finance
  • Availability of skilled manpower (correct)
  • Decreasing growth opportunities
  • Lack of competition from large-scale industries

How can SSIs overcome their challenges as mentioned in the text?

<p>Through skill development and technology use (B)</p> Signup and view all the answers

What sector is mentioned as having opportunities for SSIs in the text?

<p>Food processing (B)</p> Signup and view all the answers

Which of the following has the Indian government introduced to support the growth of SSIs according to the text?

<p>Easy access to credit (C)</p> Signup and view all the answers

What role do SSIs play in employment generation according to the text?

<p>Primary role in employment generation (D)</p> Signup and view all the answers

What has contributed significantly to the growth of SSIs in India as stated in the text?

<p>Policy developments by the Indian government (B)</p> Signup and view all the answers

Which industry sector is not mentioned as having growth opportunities for SSIs in India?

<p>Automobiles (D)</p> Signup and view all the answers

What is one of the main factors that sets SSIs apart from large-scale industries?

<p>Flexibility and innovation (C)</p> Signup and view all the answers

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