Economy : Industry And Infrastructure

Q 27 / 28

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:

  1. Provide higher employment on a per unit capital deployment basis
  2. Promote a regional dispersion of industries and economic activities
  3. Have performed better in export of manufactured products than the large-scale ones
  4. Provide jobs to low-skill workers, who otherwise may not find employment avenues elsewhere

Which of the above statements are correct?