Business Studies

In India, industries with a fixed asset of more than ________ are called large scale industries.


ANSWER

One hundred million rupees


SOLUTION
Big business involves large-scale corporate-controlled financial or business activities. As a term, it describes activities that run from "huge transactions" to the more general "doing big things".
Here are some advantages of large scale industries: They provide an impetus to the industrialization of the country. Large scale industries, usually, produce capital and basic goods (instruments, machines, chemicals, etc.)  Also, the employment opportunities created by large scale industries are huge.
Examples of large scale industries include fertilizer, cement, natural gascoal, metal extraction, metal processing, petroleum, natural gas, mining, electrical, petrochemical, food processing units, tourism, banking, sugar, construction, automobile, communication equipment, cement, chemicals, earth movers, consumer.
View Full Answer

Its FREE, you're just one step away


Single Correct Medium Published on 18th 08, 2020
Next Question
Questions 244531
Subjects 8
Chapters 125
Enrolled Students 146
Enroll Now For FREE

Realted Questions

Q1 Assertion & Reason Medium
ASSERTION

A transferee of shares cannot sue the promoters of a company for misinformation in the prospectus.

REASON

The information provided by the company promoters in the prospectus is addressed only to the original allottees.

  • A. Both Assertion and Reason are correct and Reason is the correct explanation for Assertion
  • B. Both Assertion and Reason are correct but Reason is not the correct explanation for Assertion
  • C. Assertion is correct but Reason is incorrect
  • D. Assertion is incorrect but Reason is correct

Asked in: Business Studies - Private, Public and Global Enterprises


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q2 Single Correct Medium
Feature(s) of a public corporation is/ are ________________________.
  • A. It is generally not exempt from the rigid rules applicable to the expenditure of public funds
  • B. A public Corporation is managed by board of directors who are appointed by the public financial institutions
  • C. The primary motive of the corporation is public service rather than private profits
  • D. All of above

Asked in: Business Studies - Private, Public and Global Enterprises


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q3 Single Correct Medium
Promotion of Global co-operation through an MNC is an advantage gained by _________.
  • A. home country
  • B. host country
  • C. both country
  • D. none of the above

Asked in: Business Studies - Private, Public and Global Enterprises


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q4 Single Correct Medium
_________ refers to those industries which require huge infrastructure, man power and a have influx of capital assets.
  • A. Large scale industries
  • B. Small scale industries
  • C. Both (a) and (b)
  • D. (a) or (b)

Asked in: Business Studies - Private, Public and Global Enterprises


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q5 Single Correct Medium
Which is true as far as a Joint Venture is concerned?
  • A. The dual ownership arrangement may not lead to conflicts, resulting in battle for control between the investing firms.
  • B. Foreign firms entering into joint ventures does not share the technology and trade secrets with local firms.
  • C. Joint venture is a very common strategy for entering into foreign markets.
  • D. All of the above

Asked in: Business Studies - Private, Public and Global Enterprises


1 Verified Answer | Published on 18th 08, 2020

View Answer