Economic Sectors and Infrastructure

This is the correct answer as electrical industry is classified as a light industry.

This is the correct answer as both sugar industry and textile industry are agriculture based industries where the raw material is sourced from agriculture.

The services sector has consistently been the largest contributor to India's GDP, accounting for more than half of the total economic output.

Titagarh, located in the North 24 Parganas district of West Bengal, is historically significant for its paper mills. It is a well-known industrial hub in the state.

Iron Ore need not be imported in India. Odisha is, after all, one of the country's biggest producers and exporters of iron ore - the critical input for making steel. As all the iron ore needs are met by it so it need not be imported in India. 

The oil refinery established at Panipat belongs to Public sector. Three major public sector projects include the Indian Oil Corporation oil refinery, the National Fertilizers Limited plant and the thermal power station at Panipat. 

In economic planning, the industrial sector is broadly defined to include mining, manufacturing, and construction activities. All three are essential components of industrial production and capital formation.

The field of Sunderajan Committee was petroleum. According to the Sunderarajan Committee, around 54.6 million MT of petroleum products will have to be moved over long distances in 2001-02 and around 87.3 million MT in 2006-07. To facilitate this movement, the transportation infrastructure in India will need to be strengthened.

Tertiary sector constitutes the highest share in National Income of India. The national income of India is expected to have 8.6% share of secondary sector and 10.6% share is of tertiary sector. 

The sugar industrial sector got high rate of growth in its cooperative units. Cooperative sector is dominant in its sugar industry. The sugar industry has a turnover of Rs. 20,000 crore. It has been playing a significant role in overall socio-economic development of the state for the past six decades. 

Cotton Industry in India is the most labour-oriented. Cotton plantations required vast labour forces to hand-pick cotton and it was not until the 1950s that reliable harvesting machinery was introduced in the South. During the early 20^th century, employment in the cotton industry fell as machines began to replace labourers and the South's rural labour force dwindled during the First and Second World Wars. 

'SAPTA' is related to trade. In December 1991, the Sixth Summit held in Colombo approved the establishment of an Inter-Governmental Group (IGG) to formulate an agreement to establish a SAARC Preferential Trading Arrangement (SAPTA) by 1997. 

This is the correct answer as both these statements are correct.

This is a mineral and chemical based industry.

Microfinance is specifically designed to provide financial services to low-income individuals who lack access to traditional banking.