Industry and Trade — Flashcards
Maharashtra Board · Class 9 · History and Political Science
22 flashcards for Industry and Trade (Maharashtra Board Class 9 History and Political Science) to test yourself on key terms and facts.
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When was the Industrial Finance Corporation of India established and what was its purpose?
Answer
The Industrial Finance Corporation of India was established in 1948. Its purpose was to make available long-term loans to industrial projects, helping in the financing of India's industrial developmen…
What percentage of total industrial production does the textile industry form in India?
Answer
The textile industry forms 14% of the total industrial production in India. It includes both powerloom and handloom industries, with handloom industries being particularly labour intensive.
What is the 'Textile Committee Act 1963' and what does the Textile Committee do?
Answer
The Textile Committee Act 1963 established a Textile Committee that sets quality standards for textiles manufactured for sale in the internal market as well as for export. This ensures standardization…
Which states are primarily involved in the silk industry and where is the research conducted?
Answer
The silk industry is primarily in Karnataka, Andhra Pradesh, West Bengal, and Jammu and Kashmir. Research about silkworm species and mulberry trees is conducted at the Seribiotic Research Laboratory i…
What is India's position in jute production and what products are made from jute?
Answer
India is the top ranking country in jute production and is a major exporter of jute products. From jute, we get cloth, sack cloth, and ropes. This makes India a global leader in the jute industry.
What is the 'Mega cluster' scheme?
Answer
The 'Mega cluster' is a scheme that helps weavers through self-finance groups and non-governmental organisations. Help is provided in the form of raw material, design banks, development of technology,…
Why is the automobile industry called the 'sunrise sector' in India?
Answer
The automobile industry is called the 'sunrise sector' in India because it has tremendous growth potential. India is one of the major producers of vehicles and exports to 40 countries. For example, In…
What is the annual salt production in India and how much iodised salt is produced?
Answer
India is one of the top producers of salt in the world. The annual production of salt in India is 200 lakh tons, out of which the production of iodised salt is 60 lakh tons.
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