Chapter 10 of 11
Revision Notes
Industrial Sector — Revision Notes
Gujarat Board · Class 12 · Economics
Industrial Sector revision notes for Gujarat Board Class 12 Economics: 4 topics in quick points. Part of the Gujarat Board Class 12 Economics syllabus.
40 questions25 flashcards5 concepts
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Key Topics to Revise
1
Importance of Industrial Sector
- Industrial sector's contribution to national income increased from 16.6% in 1951 to 27% in 2013-14
- Employment in industries rose from 10.6% in 1951 to 24.3% in 2011-12
- Industries earned about 2/3 share of India's export income in 2013-14
2
Industrial Structure - Classification by Investment Size
- Cottage Industries: Family-run with simple equipment, negligible electricity and machinery use
- Tiny Industries: Labour-intensive with investment up to ₹25 lakhs
- Small Scale Industries: Investment between ₹25 lakhs to ₹5 crores, labour-intensive
3
Industrial Structure - Classification by Ownership
- Public Sector: Government owned and controlled (Railways, Post, Telephone)
- Private Sector: Owned and managed by private individuals or companies
- Joint Sector: Government holds 51% or more shares but involves private participation
4
Government Measures for Industrial Development
- State Owned Enterprises: Government establishes basic and key industries requiring heavy investment
- Promotion of Private Sector: Land at concessional rates, tax breaks, cheap finance
- Import Tariff: Tax on imports to protect domestic industries from foreign competition
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Full NotesKey Concepts
The industrial sector's share in nationalIndustries are classified into five categoriesIndustries are categorized as Public SectorGovernment supports industrial development through establ...SEZs are geographical areas with different
Frequently Asked Questions
What are the important topics in Industrial Sector for Gujarat Board Class 12 Economics?
Key topics in Industrial Sector include Importance of Industrial Sector, Industrial Structure - Classification by Investment Size, Industrial Structure - Classification by Ownership, Government Measures for Industrial Development. Study these first, then practise questions on each for the Gujarat Board Class 12 board exam.
How should I revise Industrial Sector for the Gujarat Board Class 12 board exam?
Learn the core ideas first, then work through the 40 practice questions on Industrial Sector. Revise definitions regularly and use flashcards for quick recall before the exam.
Sources & Official References
Content is aligned to the official syllabus. Refer to the board website for the latest curriculum.
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