Indian Industrial Position After Independence
25 Questions
0 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

What is the current ratio of total units mentioned in the content?

  • 2.00
  • 2.10
  • 1.72
  • 1.82 (correct)
  • The current ratio for hosiery goods is greater than 2.

    True

    What is the objective of every business unit as mentioned in the content?

    to earn profitability

    The average gross turnover for valves and nuts from 2006-07 to 2010-11 is ______.

    <p>41.27</p> Signup and view all the answers

    Match the following products with their average gross turnover:

    <p>Valves and nuts = 41.27 Hosiery goods = 2.54 Sports goods = 6.90 Packing material = 79.77</p> Signup and view all the answers

    Which product category had the highest average per unit turnover?

    <p>Packing material</p> Signup and view all the answers

    The average gross turnover decreased from 2007-08 to 2008-09 for packing material.

    <p>False</p> Signup and view all the answers

    What strategy do businesses follow to increase sales as mentioned in the content?

    <p>create time, place and form utility</p> Signup and view all the answers

    What is the debt-equity ratio of valves and nuts?

    <p>109.03%</p> Signup and view all the answers

    The equity capital for hosiery goods is greater than the borrowed capital.

    <p>True</p> Signup and view all the answers

    What is the total borrowed capital for auto parts?

    <p>6293.16 Lakhs</p> Signup and view all the answers

    The total equity capital across all products is ________ Lakhs.

    <p>55690.26</p> Signup and view all the answers

    Match the following products with their respective debt-equity ratios:

    <p>Valves and nuts = 109.03% Hosiery goods = 101.97% Auto parts = 110.01% Sports goods = 116.21%</p> Signup and view all the answers

    Which of the following products has the highest equity capital per unit?

    <p>Valves and nuts</p> Signup and view all the answers

    Packing material has a higher borrowed capital per unit compared to agricultural products.

    <p>True</p> Signup and view all the answers

    What percentage of total equity capital does pipe fitting, hand tools, and metal products represent?

    <p>9.70%</p> Signup and view all the answers

    What is the primary means of product identification mentioned in the content?

    <p>Labelling</p> Signup and view all the answers

    More than two-thirds of the units established post-liberalization use grade labelling.

    <p>False</p> Signup and view all the answers

    What percentage of units established before 1991 used brand labelling?

    <p>72.72%</p> Signup and view all the answers

    The percentage of units using descriptive labelling established post-liberalization is ____%.

    <p>10.46</p> Signup and view all the answers

    Match the following types of product labelling with their corresponding percentages (pre and post-liberalization):

    <p>Grade label = 4.54% (pre), 15.11% (post) Brand label = 72.72% (pre), 63.95% (post) Descriptive label = 15.90% (pre), 10.46% (post) Any other = 6.81% (pre), 2.32% (post)</p> Signup and view all the answers

    What type of label shows the value of contents and price of the product?

    <p>Product label</p> Signup and view all the answers

    The total number of units established and using brand labelling decreased after liberalization.

    <p>False</p> Signup and view all the answers

    Which type of labelling was introduced after liberalization that combines brand and grade?

    <p>Brand &amp; Grade label</p> Signup and view all the answers

    The total percentage of all types of product labelling before liberalization was ____%.

    <p>33.84</p> Signup and view all the answers

    Study Notes

    Indian Industrial Position After Independence

    • Two independent countries, India and Pakistan, emerged after independence, disrupting the former unified economic system.
    • Pre-independence India's industrial output constituted approximately 91% of total establishments and 93% of total workers.
    • Diverse industries existed, including cement, matches, glass, chemicals, hides, skins, cotton, jute manufacturing, engineering, and railway workshops.
    • Post-partition, industrial production faced challenges due to political pronouncements, machinery/equipment shortages, raw material scarcity, transport limitations, and industrial disputes.
    • Industrial growth rate varied, experiencing fluctuations and 8% growth between 1951-1965, 5.5% from 1980-85, and lower rates in other periods (4% in the 1970s).
    • The rise of industrialization marked a significant aspect of India's economic growth.
    • Heavy investment in various industries, as per the Industrial Policy Resolution of 1951 and five-year plans, aimed to increase capacity and production.
    • A significant portion of the global poor resides in India, according to World Bank estimates.

    Small and Medium Enterprises in India

    • Prior to independence, small-scale industries (cottage industries) played a minor role in the national economy.
    • Post-independence, small-scale industries gained importance.
    • The National Congress held an industries conference in 1947, dividing small-scale industries into categories (ancillary to large-scale, repair services, and finished goods).
    • Various classifications (Tiny, Small Scale, Ancillary) for small-scale industries were introduced, addressing diverse industrial needs.
    • The definition of small-scale industries has been updated over time, adjusting to economic and industrial changes (number of employees, capital assets).

    Research and Methodology

    • The current study examines the challenges faced by small-scale industries established pre or post-1991.
    • The study uses a specific methodology.
    • Small-scale industries are crucial for economic development, employment, and exports.
    • The growth of small-scale industries has been reviewed since independence, identifying problems and opportunities.

    Studying That Suits You

    Use AI to generate personalized quizzes and flashcards to suit your learning preferences.

    Quiz Team

    Related Documents

    Description

    This quiz explores the industrial landscape of India post-independence, focusing on the challenges and growth rates faced by various industries. It covers the impact of partition, government policies, and major sectors involved in India’s economic development. Test your knowledge on how historical events shaped the industrial framework of India.

    More Like This

    Use Quizgecko on...
    Browser
    Browser