Question
Give three characteristics of SSIs.

Answer

The three typical characteristics of SSIs are:
  1. Labour intensive: SSIs are labour intensive in character, i.e. they require more units of labour and are best suited for solving the problem of unemployment.
  2. Less capital intensive: SSIs are less capital intensive, i.e. they require relatively smaller amount of capital to produce a commodity. In a country like India where capital is scarce, SSI is best suited to bring about industrial development.
  3. SSIs show locational flexibility: SSIs can be established in remote areas also, because their need for various resources is limited. Therefore, they contribute to growth across different regions of the country.

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free