Cottage Industry vs Future Industrialization Quiz
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Questions and Answers

Which type of industry is characterized by involving a household or small number of people and using limited resources?

  • Cottage industry (correct)
  • Heavy industry
  • Service industry
  • Manufacturing industry
  • What is a key aspect of the cottage industry as mentioned in the text?

  • Utilization of unlimited resources
  • Involvement of a large number of people
  • High investment requirement
  • Less investment (correct)
  • What is emphasized as essential for the development and prosperity of a country?

  • Strict regulations on small industries
  • Privatization and foreign investment (correct)
  • Large-scale industries only
  • Government control of all industries
  • How does education shape individuals according to the text?

    <p>By enhancing natural qualities and talents</p> Signup and view all the answers

    What role does education play in providing citizens with confidence, according to the text?

    <p>It gives citizens a sense of purpose and confidence in dealing with their environment</p> Signup and view all the answers

    In what way does education contribute to the character building of an individual?

    <p>By playing a constructive role in character building through education on rights and duties</p> Signup and view all the answers

    Which of the following best describes the importance of industrialization mentioned in the text?

    <p>Industrialization enhances trade and saves foreign exchange.</p> Signup and view all the answers

    What percentage of India's industry was inherited by Pakistan in 1947?

    <p>4%</p> Signup and view all the answers

    How does industrialization relate to agriculture according to the text?

    <p>Agriculture provides raw materials for industry.</p> Signup and view all the answers

    Which sector was NOT part of the early industries set up in Pakistan?

    <p>Paper manufacturing</p> Signup and view all the answers

    In what way does industrialization impact the quality of life according to the text?

    <p>It helps in poverty reduction.</p> Signup and view all the answers

    How does industrialization relate to the defence and security of a country?

    <p>Industrialization is crucial for defence and security.</p> Signup and view all the answers

    What role did the state play in the industrial development of Pakistan according to the text?

    <p>Providing financial help and tax incentives</p> Signup and view all the answers

    Which institution was established to encourage the setting up of industries that were less attractive for the private sector?

    <p>Pakistan Industrial Development Corporation (PIDC)</p> Signup and view all the answers

    Which industry received loan facilities for industrial projects at concessional rates from the Industrial Development Bank of Pakistan (IDBP)?

    <p>Iron and Steel</p> Signup and view all the answers

    What was the main purpose of the Pak Industrial Credit & Investment Corporation (PICIC) according to the text?

    <p>To give loans and credit facilities for setting up industry</p> Signup and view all the answers

    Which of the following institutions was formed specifically for the promotion of domestic and foreign investment in Pakistan?

    <p>Investment Promotion Bureau</p> Signup and view all the answers

    During which years did all Five Year Plans pay greater emphasis on the private sector and rapid industrialization in Pakistan?

    <p>1955, 1960, 1965-70</p> Signup and view all the answers

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