Which of these was NOT a concession given to small-scale units?

Lower excise duty on their outputCorrect answerYour answerBank loans at lower rates of interestCorrect answerYour answerFreeing big firms from all licensingCorrect answerYour answerGoods reserved for them alone to produceCorrect answerYour answer

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CorrectNot quiteAnswer C

Correct answer: C

Lower excise, cheaper loans and reserved goods all helped small units. Freeing big firms from licensing would have worked against them.

Concept: Protection of SSI
Typical timeTypical: 70 s
Your timeYours: —

The rule this testsSmall-scale industry

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Ten questions from Industry & Trade, 1950–90, at your own pace.

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Ten questions from Industry & Trade, 1950–90, at your own pace.

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Which of these was NOT a concession given to small-scale units?

Explanation