The Role of Manufacturing in Economic Development Quiz
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Questions and Answers

What was the main philosophy behind public sector industries and joint sector ventures in India?

  • To modernize agriculture and reduce dependence on agricultural income
  • To transform raw materials into a wide variety of furnished goods of higher value
  • To bring down regional disparities by establishing industries in tribal and backward areas
  • To eradicate unemployment and poverty (correct)
  • How does export of manufactured goods contribute to a country's prosperity?

  • It helps in modernising agriculture and reducing dependence on agricultural income
  • It expands trade and commerce, and brings in much needed foreign exchange (correct)
  • It focuses on eradicating unemployment and poverty
  • It brings down regional disparities by establishing industries in tribal and backward areas
  • What is the main reason why manufacturing sector is considered the backbone of economic development?

  • It helps in modernising agriculture and reduces dependence on agricultural income (correct)
  • It aims at bringing down regional disparities by establishing industries in tribal and backward areas
  • It expands trade and commerce through export of manufactured goods
  • It focuses on eradicating unemployment and poverty
  • How do agro-industries in India contribute to agriculture?

    <p>They raise the productivity of agriculture by providing products such as irrigation pumps, fertilisers, etc.</p> Signup and view all the answers

    What is the relationship between agriculture and industry according to the text?

    <p>They move hand in hand, with agro-industries raising the productivity of agriculture</p> Signup and view all the answers

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