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Question Practice

What defines the distinction between cottage and village industries?

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MCQ_SA
CBSE
Class 11
Business Studies
Business Studies
MSME and Business Entrepreneurship
Question Bank

What defines the distinction b...

Single Answer MCQ
Q-00064959

What defines the distinction between cottage and village industries?

1

Cottage industries require higher fixed capital.

2

Village industries only use locally sourced raw materials.

3

Cottage industries are based solely on manual labor.

4

There are no capital investment criteria for cottage industries.

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