The contribution of Indias small-scale sector to the gross turnover in the manufacturing sector since 1992 has been of the order of

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Q: 93 (IAS/1997)
The contribution of India’s small-scale sector to the gross turnover in the manufacturing sector since 1992 has been of the order of

question_subject: 

Economics

question_exam: 

IAS

stats: 

0,30,47,30,18,21,8

keywords: 

{'manufacturing sector': [0, 1, 0, 2], 'gross turnover': [0, 1, 0, 0], 'scale sector': [0, 1, 0, 1], 'india': [8, 1, 7, 13]}

The question asks about the contribution of India`s small-scale sector to the gross turnover in the manufacturing sector since 1992.

Option 1 states a contribution of 40%, which is the correct answer. This suggests that the small-scale sector has had a significant role in India`s manufacturing sector, contributing to almost half of the gross turnover.

Option 2 suggests a contribution of 34%, which is less than what was actually contributed.

Option 3, proposing a contribution of 30%, considerably understates the actual contribution from the small-scale sector.

Option 4 overestimates the contribution at 45%, which is higher than the correct figure.

Hence, the contribution of India`s small-scale sector to the gross turnover in the manufacturing sector since 1992 has indeed been of the order of 40%.