General Studies · Small Scale Industries
Consider the following statements regarding Small Scale Industries (SSI) in India: Statement I: Micro and Small Scale Industries significantly contribute to employment generation in India. Statement II: Government support to SSI is limited only to fiscal subsidies. Which of the following is correct?
- 1Statement I is incorrect but Statement II is correct.
- 2Statement I is correct but Statement II is incorrect.✓
- 3Both statements are incorrect.
- 4Both statements are correct.
Correct answer
Statement I is correct but Statement II is incorrect.
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