Question

State the features of cottage industries.

Solution

Cottage industries are also known as Rural industries or traditional industries. These are not defined by capital investment criteria.

Features of Cottage industries :

1. These are organised by individuals, with private resources.

2. Normally use family labour and locally available talent.

3. The equipment used is simple.

4. Capital investment is small.

5. Produce simple products normally in their own premises.

Some More Questions From Small Business Chapter

Give any two incentives offered by the government to Small Scale Industries.

Give the full form of NABARD.

Name the institution which was set up in 1982 to promote integrated development.

Name any four institutions which have been set up to promote small industries in rural, backward and hilly areas.

What are the different parameters used to measure the size of business ?
or
Small scale business is defined on the basis of investment in plant and machinery. How this basis has been defined by the government ? Explain.

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Small Business

State the features of cottage industries.

Some More Questions From Small Business Chapter

Give any two incentives offered by the government to Small Scale Industries.

Give the full form of NABARD.

Name the institution which was set up in 1982 to promote integrated development.

Name any four institutions which have been set up to promote small industries in rural, backward and hilly areas.

What are the different parameters used to measure the size of business ?
or
Small scale business is defined on the basis of investment in plant and machinery. How this basis has been defined by the government ? Explain.

What is the definition used by government of India for small scale industries ?

Define Small Business.

How would you Differentiate between an ancillary unit and a tiny unit?

State the features of cottage industries.

Explain the characteristics of small business.

Mock Test Series

NCERT Sample Papers

Entrance Exams Preparation

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For Daily Free Study Material Join wiredfaculty

Small Business

State the features of cottage industries.

Some More Questions From Small Business Chapter

Give any two incentives offered by the government to Small Scale Industries.

Give the full form of NABARD.

Name the institution which was set up in 1982 to promote integrated development.

Name any four institutions which have been set up to promote small industries in rural, backward and hilly areas.

What are the different parameters used to measure the size of business ?orSmall scale business is defined on the basis of investment in plant and machinery. How this basis has been defined by the government ? Explain.

What is the definition used by government of India for small scale industries ?

Define Small Business.

How would you Differentiate between an ancillary unit and a tiny unit?

State the features of cottage industries.

Explain the characteristics of small business.

Mock Test Series

NCERT Sample Papers

Entrance Exams Preparation

What are the different parameters used to measure the size of business ?
or
Small scale business is defined on the basis of investment in plant and machinery. How this basis has been defined by the government ? Explain.