Tag: meaning and classification of industries

• Roads, railways, airways are all modes of transportation. Vehicles like motorbikes, cars, buses etc ply on roads. The vehicles may be publicly owned or private. Railways are owned by the Central Government and form a vast network. Airways has privrate players and a public sector player Air India.
  

Migration is essentially the movement of human capital in search for better opportunities, living conditions,etc. Urbanization is the movement of people from rural to urban areas. 

Social harmony means that the people who live around and near each other get along and cooperate to make everything better for everyone exchanging each other's social and cultural customs and traditions.

There are some disadvantages that started growing due to urbanisation. The more the number of people in the area, the newer the ideas and technologies gets adopted. These eventually made urban population use cars more which ultimately leads to traffic jams. Also, with increase in industries and factories, the pollution too increased. With an increase in the base salary, the number of poor people also increased increasing the slum area in urban places.

Urbanisation means migrating from rural to urban areas. This also means, the new population will adopt newer ideas, updated technologies, newer facilities etc. Adopting these new things are an added advantage over and above the occupation of the newly migrated ones.

Social harmony means that the people who live around and near each other get along and cooperate to make everything better for everyone exchanging each other's social and cultural customs and traditions. So, the harmony gets disturbed or disrupted when any one of the parties follow themselves into a crime.

There will be lesser social harmony as there would be a mixture of many different kind of people. Modernization would be slowed down as there will be many more people to cater to to provide basic needs. 

The Industrial Policy Statement was issued in 1991, but it is typically referred to as the New Industrial Policy. Option D is marked as the incorrect combination, likely because the 1991 policy is a major reform package rather than just a 'statement'.

Statement I is correct as the policy aimed to boost industrial development. Statement II is incorrect because India's balance of trade has frequently been negative due to high imports, especially of oil and capital goods.