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What did Ram Singh K. Ashar study in context to the efficiency of small scale industries? |
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Answer» Ram Singh K.Ashar, in his study, proved that on investment of 1 rupee of fixed capital, small scale industries provide employment to maximum workers. Upon investment of one rupee in fixed assets, seven fold production takes place, as compared to large scale sectors and an investment of 1 rupee in small scale industries provides three times more value added price as compared to large scale industries. |
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