SSC Economics Sample Paper NCERT Sample Paper-3

  • question_answer
    Major items produced by the small scale industrial sector includes:
    1. Processed food
    2. Leather and leather products
    3. Sports goods
    Which of these statements is/are correct?

    A)  Only 1 and 2    

    B)  Only 2 and 3

    C)  Only 1 and 3    

    D)  All 1, 2 and 3

    Correct Answer: D

    Solution :

    [d] India has opened up its economy since 1991 through a forward looking policy which led to de-licensing of items. Over the years, list of items reserved for manufacture by MSME sector has been reduced from over 800 to 20 and the government in April 2015 has removed the remaining 20 items from the original list of over 800 items reserved for exclusive production by the MSME sector, thus bringing to an end a policy regime being followed since the 1960s to promote and facilitate the small sector considered a big employment generator,

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