1. Small scale units exist in India because

A) They are labour intensive and India is a labour surplus economy.
B) They offer methods of ensuring more equitable distribution of income and wealth.
C) They facilitate the creation of a winder entrepreneurial base.
D) All of the above.



2. Oil and Natural Gas Corporation Indian Oil Corporation, Steel Authority of India, and Bharat Heavy Electricals are all examples of

A) Small scale units
B) Private sector units.
C) Public sector units.
D) Sick units.



3. Which of the following statements is incorrect?

A) About 80 per cent of agricultural area has irrigation facilities.
B) About 60 per cent area is rain fed in India
C) Productivity per worker in agriculture is much lower.
D) Cropping pattern is quite skewed in India.



4. The industrial sector depends on the agricultural sector because

A) The agriculture sector provides food and other products for the consumption purposes of industrial sector.
B) The agriculture sector provides raw-materials for the development of agro-based industries of the economy.
C) The agricultural sector provides market for the industrial products.
D) All of the above.



5. A sick industrial unit is one

A) Where most of the employees are sick.
B) Which is unable to perform its normal functions and production of goods and services at a reasonable profit on a sustained basis
C) Which is unable to make profits more than 10 per cent of its capital employed
D) Which borrows money from bank for its fixed assets