Industrial Sector Quiz
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Questions and Answers

Explain the impact of British rule on India's industrial sector.

The impact of British rule on India's industrial sector was detrimental. The British systematically ruined the industrial base of India, leaving it weak and underdeveloped at the time of Independence.

What were the major issues faced by the industrial sector in post-reform era in India?

The major issues faced by the industrial sector in post-reform era in India include low industrial growth, industrial sickness, and lack of productivity.

Describe the performance of public sector enterprises in India.

The performance of public sector enterprises in India has been a subject of debate. While some have performed well, others have faced challenges and inefficiencies.

What is the definition of Micro, Small & Medium Enterprises (MSMEs) and how have they performed in India?

<p>Micro, Small &amp; Medium Enterprises (MSMEs) are defined based on their investment and employment size. Their performance in India has been significant, contributing to employment generation and economic growth.</p> Signup and view all the answers

Explain the concept of industrial sickness and its implications.

<p>Industrial sickness refers to the inability of an industrial unit to generate adequate profits or meet its financial obligations. It has negative implications on the overall industrial sector, including unemployment and economic instability.</p> Signup and view all the answers

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