CUET Economics - Small scale industries could not compete with the large firms and hence were protected by the government. Which of the following statements is incorrect with regard to this : | PYQs + Solutions

CUET Economics

Indian Economic Development

Medium

Some products were reserved for production only by the small scale industries.

Concessions in the form of lower bank rates were provided.

Concessions such as lower excise duty were provided.

Some small scale industries were made to work in partnership with some large firms.

✅ Correct Option: 4

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