Industrial Sector
Telangana Open School (TOSS) · Class 12 · Economics
Practice quiz for Industrial Sector — Telangana Open School (TOSS) Class 12 Economics. MCQs and questions with answers to test your preparation.
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Quick Quiz: Industrial Sector
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Which sector is also known as the secondary sector?
Which of the following industries uses agricultural products as raw materials?
What is the investment limit for micro enterprises in plant and machinery?
Which of the following is a mineral-based industry?
Sample Questions
Which policy marked the beginning of liberalization in India?
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Industrial Policy 1991
The Industrial Policy of 1991 introduced major reforms like liberalization, privatization, and globalization (LPG), marking the beginning of economic liberalization in India.
Small-scale industries are important because they:
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Generate employment, Promote regional development
Small-scale industries are labor-intensive and often located in rural or backward areas, helping in employment generation and balanced regional development.
The Industrial Policy Resolution of 1948 emphasized a mixed economy.
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True
The 1948 policy laid the foundation for a mixed economy by combining public and private sectors in industrial development.
Which of the following is NOT a type of industry based on raw material?
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Consumer industry
Consumer industry is classified based on the end user, not raw material. Agro-based and mineral-based are classified by raw material source.
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