Podcast
Questions and Answers
What is a primary reason for prioritizing industrialisation in developing countries?
What is a primary reason for prioritizing industrialisation in developing countries?
- It minimizes urban migration influx.
- It creates a more stable employment environment compared to agriculture. (correct)
- It ensures instant modernization without investment.
- It reduces reliance on foreign investments.
Which category of industries is included in Schedule A of the Industrial Policy Resolution 1956?
Which category of industries is included in Schedule A of the Industrial Policy Resolution 1956?
- Labor-intensive industries
- Resource-intensive industries (correct)
- Service-oriented industries
- High technology industries
What impact does industrialisation have on a country according to the outlined principles?
What impact does industrialisation have on a country according to the outlined principles?
- It increases dependency on foreign oil.
- It promotes overall prosperity and modernization. (correct)
- It exclusively increases agricultural output.
- It restricts local entrepreneurship.
Why is a stable industrial sector crucial for developing countries?
Why is a stable industrial sector crucial for developing countries?
Which of the following statements about industrial employment is true?
Which of the following statements about industrial employment is true?
Study Notes
Industrialisation
- Developing countries can only progress if their industrial sector is strong and stable
- Industrial employment offers more stable employment compared to agriculture
- Industrialisation drives modernization due to its key role in national development
- Overall prosperity is linked to a robust industrial sector
Industrial Policy Resolution 1956
- The resolution classified industries based on their characteristics and resource intensity
- Schedule A encompassed industries which were resource-intensive
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Description
Explore the vital role industrialisation plays in the progress of developing countries. This quiz covers the Industrial Policy Resolution of 1956, detailing the classification of industries and their impact on national development and employment. Test your knowledge on the historical and economic significance of industrial growth.
