Small Business Test - 1

Food Products,Cotton Textiles,Paper Products and Printing are part of small scale sector.

RSBDC has organised several programmes on rural entrepreneurship, skill upgradation workshops, mobile clinics and trainers training programmes, awareness and counselling camps in various villages of Noida, Greater Noida and Ghaziabad.

Small industries development bank of India (SIDBI)Set up as an apex bank to provide direct/indirect financial assistance under different schemes, to meet credit needs of small business organisations.

The ancillary small industrial unit can manufacture parts, components, sub-assemblies, tools or intermediate products for the parent unit. A tiny unit is defined as an industrial or business enterprise whose investment in plant and machinery is not more than Rs. 25 Lakhs

ISO 9000 is concerned with Quality. There is limited access to markets of developed countries due to the stringent requirements of quality certification like ISO 9000.

Exemption from paying taxes for 5 or 10 years is known as Tax Holiday. Exemption from paying taxes for 5 or 10 years is given to industries established in backward, hilly and tribal area

A small scale industrial undertaking is defined as one in which the investment in fixed assets of plant and machinery does not exceed rupees one crore. However, to cater to the needs of small industries whose thrust is on export promotion and modernisation, investment ceiling in plant and machinery is rupees five crores.

The problems of traditional small scale units include remote location with less developed infrastructural facilities, lack of managerial talent, poor quality, traditional technology and inadequate availability of finance.

The village and small industries (VSI) sector consists broadly of (i) traditional industries (viz. handlooms, khadi and village industries, sericulture, handicrafts and coir) and (ii) modern small scale industries including 'tiny' units and power looms.

The village and small industries (VSI) sector comprises both traditional and modern small industries; it is constituted by eight specific groups viz. Handloom, Handicrafts, Coir, Sericulture, Khadi, Village Industries, Small-Scale Industries and Power looms. The last two items constitute the modern group of industries, the others being traditional.