Tag: meaning and classification of industries

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Multiple choice geography state of industries in india meaning and classification of industries industrialisation and urbanisation urbanisation

The term industrialization involves ___________.

  1. superior techniques of production

  2. modern techniques

  3. both (a) and (b)

  4. none of the above
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Industrialization involves both the adoption of superior production techniques and the implementation of modern organizational and technological methods to increase efficiency.

Multiple choice geography state of industries in india meaning and classification of industries industrialisation and urbanisation urbanisation

Which among the following is NOT a cause of sickness of industrial units in India?

  1. Obsolescent technology

  2. Labour problems

  3. Faulty location

  4. Lack of capital account convertibility
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Sickness in industrial units is typically caused by internal factors like poor management, obsolete technology, or external factors like labor disputes and raw material shortages. Capital account convertibility is a macroeconomic policy, not a direct cause of individual unit sickness.

Multiple choice geography state of industries in india meaning and classification of industries industrialisation and urbanisation urbanisation

Obtaining of Industrial License is compulsory for all of the below sector except.

  1. Clothes

  2. Hazardous chemicals

  3. Electronic aerospace

  4. Cigarette's of tobacco
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Following the liberalization policies in India, most industries were delicensed. However, hazardous chemicals, tobacco products, and aerospace/defense industries often remain under licensing requirements for safety or regulatory reasons. Clothes (textiles) do not require an industrial license.

Multiple choice geography state of industries in india meaning and classification of industries industrialisation and urbanisation urbanisation

Inflation caused by increased ____________.

  1. Cost-push

  2. Structural inflation

  3. Stagnation

  4. Demand pull inflation
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Cost push inflation is inflation caused by an increase in prices of inputs like labour, raw material, etc. The increased price of the factors of production leads to a decreased supply of these goods .Demand-pull inflation is the  most  common cause of rising prices. It occurs when consumer demand for goods and services increases so much that it outstrips supply. Producers can't make enough to meet demand. They may not have time to build the manufacturing needed to boost supply.

Multiple choice geography state of industries in india meaning and classification of industries industrialisation and urbanisation urbanisation

Select the correct one/ones about the APEDA from the given list of statements, using the code given below:
1. Set up under an Act of Parliament, the body is entrusted to promote export of agricultural items.
2. The Government has proposed to set a similar body for the agro-processed items, too.

  1. Only 1

  2. Only 2

  3. 1 and 2

  4. Neither 1 nor 2
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Agriculture and Processed Food Products Exports Development Authority (APEDA), set up in 1986, promotes the exports of 'processed' foods also and there is no need to set up another body for the same.

Multiple choice geography state of industries in india meaning and classification of industries industrialisation and urbanisation urbanisation

Industry refers to an economic activity:  
(i) concerned with production of goods
(ii) extraction of minerals
(iii) Provision of services

  1. Only (i) is correct

  2. Only (i) and (ii) are correct

  3. Only (i) and (iii) are correct

  4. All are correct
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Industry is broadly defined as an economic activity that includes the production of goods, the extraction of minerals, and the provision of services, all of which contribute to economic value.

Multiple choice geography state of industries in india meaning and classification of industries industrialisation and urbanisation urbanisation

What is the role of industrialization?

  1. It is a sign of higher standard and social change

  2. It is a sign of rising productivity

  3. It is useful for foreign trade

  4. It is a favourable balance of payment
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Industrialisation is the process of manufacturing consumer goods and capital goods and of building infrastructure in order to provide goods and services to both individuals and businesses. As such Industrialisation plays a major role in the economic development of underdeveloped countries with vast manpower and varied resources.

Multiple choice geography state of industries in india meaning and classification of industries industrialisation and urbanisation urbanisation

The industries requiring large quantities of _____ are located near the places having abundant availability of that raw material.

  1. Raw materials

  2. Finished goods

  3. Average raw materials

  4. None of these
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The industries requiring large quantities of heavy raw materials are located near the places having abundant availability of that raw materials. This is the basic step taken by any industries to reduce transportation cost of raw material.