In 1955, Karve Committee noted the possibility of using _________ industries for promoting rural development.
(
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Shift 11/06/2023 3:30 PM - 6:30 PM
A
Medium scale
B
Macro scale
C
Large scale
D
Small scale
Correct Answer
Small scale
Detailed Explanation
- In 1955, the Village and Small-Scale Industries Committee, also called the Karve Committee, noted the possibility of using small-scale industries for promoting rural development.
- A 'small-scale industry' is defined with reference to the maximum investment allowed on the assets of a unit.
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