WBCS.LIVE practice question

Main argument in favour of small-scale and cottage industries in India is that:

Solve this multiple-choice question and check the correct answer with its explanation below.

Answer options

  1. Cost of production is low.
  2. They require small capital investment.
  3. They advance the goal of equitable distribution of wealth.
  4. They generate large volume of employment.

Correct answer and explanation

Correct answer: They generate large volume of employment.