The Role of Industry in Economic Development
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Questions and Answers

Which of the following is a benefit of industrialization according to the text?

  • Increased investments and employment opportunities (correct)
  • Technological advancement and progress of society
  • Achieving inclusive growth
  • Raising the productivity of the economy

    • What is the role of the Government of Telangana in relation to industrial growth?

  • Envisaging developmental goals
  • Bringing economic stagnation
  • Providing surplus labor
  • Promoting inclusive growth (correct)

    • What is the Gross Value Added (GVA) of the industrial sector in Telangana for 2022-23?

  • Rs. 1,00,000 crore
  • Rs. 2,00,000 crore
  • Rs. 3,00,000 crore
  • Rs. 2,26,492 crore (correct)

    • What is one of the ways industrialization contributes to economic development?

    <p>By opening avenues for employing surplus labor</p> Signup and view all the answers

    What is the overall goal of the Industrial Policy Framework of Telangana?

    <p>Achieving inclusive growth</p> Signup and view all the answers

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