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Consider the following statements : Small-scale industries are, in most cases, not as efficient and competitive as the large-scale ones. Yet the Government provides preferential treatment and reservations in a range of products to the small firms because small-scale industries I. provide higher employment on a per unit capital deployment basis. II. promote a regional dispersion of industries and economic activities. III. have performed better in export of manufactured products than the large scale ones. IV. provide jobs to low-skill workers, who otherwise may not find employment avenues elsewhere. Which of the above statements are correct

Consider the following statements : Small-scale industries are, in most cases, not as efficient and competitive as the large-scale ones. Yet the Government provides preferential treatment and reservations in a range of products to the small firms because small-scale industries I. provide higher employment on a per unit capital deployment basis. II. promote a regional dispersion of industries and economic activities. III. have performed better in export of manufactured products than the large scale ones. IV. provide jobs to low-skill workers, who otherwise may not find employment avenues elsewhere. Which of the above statements are correct ?

(a)

I and IV

(b)

I and II

(c)

II and III

(d)

III and IV

Answer:

Explanation