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Small scale industries are highly.
  • a)
    Capital intensive
  • b)
    Machine intensive
  • c)
    Labour intensive
  • d)
    None of the above
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
Small scale industries are highly.a)Capital intensiveb)Machine intensi...
Potential for large employment
Small Scale Industries have potential to create employment opportunities on a massive scale. They are labor intensive in character. They use more labor than other factors of production. They can be set up in short time and can provide employment opportunities to more number of people. This is important for a labor abundant country like India.
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Small scale industries are highly.a)Capital intensiveb)Machine intensivec)Labour intensived)None of the aboveCorrect answer is option 'C'. Can you explain this answer?
Question Description
Small scale industries are highly.a)Capital intensiveb)Machine intensivec)Labour intensived)None of the aboveCorrect answer is option 'C'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Small scale industries are highly.a)Capital intensiveb)Machine intensivec)Labour intensived)None of the aboveCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Small scale industries are highly.a)Capital intensiveb)Machine intensivec)Labour intensived)None of the aboveCorrect answer is option 'C'. Can you explain this answer?.
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