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Economics miscellaneous

  1. The ‘sunrise industries’ imply
    1. petrochemicals and electronics industry
    2. sunflower oil industry
    3. computer industry
    4. chemical industry
Correct Option: A

Sunrise Industry is a colloquial term for a sector or business that is in its infancy, but is growing at a rapid pace. A sunrise industry is typically characterized by high growth rates, numerous startups and an abundance of venture capital funding. A sunrise industry is often characterized by a high degree of innovation. Examples of sunrise industries include hydrogen fuel production, space tourism, electronic goods (high-technology industries that hold promise of future development), etc.



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