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Economics miscellaneous

  1. Which of the following is the classification of Industries on the basis of raw-materials ?
    1. Small Scale – Large scale
    2. Primary and Secondary
    3. Basic and Consumer
    4. Agro-based and Mineral based
Correct Option: D

Industries are classified on the bases of source of raw material. There are two types of industries agro based and mineral based industries. Agro based industries are the one that produce jute, cotton, silk, tea, coffee, rubber etc. Mineral based industries are iron and steel, cement, aluminum, machine tools, and petrochemicals producing industries



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