To protect small scale industries, the government reserved certain products for exclusive production by them, provided concessions like lower excise duty, and offered lower interest rates on bank loans. Small scale industries were not forced to work in partnership with large firms, hence option 4 is incorrect.
Small scale industries could not compete with the large firms and hence were protected by the government. Which of the following statements is…
CUET UG 2022 — Economics Indian Economic Development
2022mcqmedium
Small scale industries could not compete with the large firms and hence were protected by the government. Which of the following statements is incorrect with regard to this :
Official previous-year question
Verified 13 Jul 2026.
Options
- A
Some products were reserved for production only by the small scale industries.
- B
Concessions in the form of lower bank rates were provided.
- C
Concessions such as lower excise duty were provided.
- D
Some small scale industries were made to work in partnership with some large firms.
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