Which of the following statements are correct?

I. Consumer industries are those which produce goods directly for consumers.

II. A small-scale industry is classified based on the maximum investment allowed on the assets of a unit. 

III. The public sector is owned and operated by a group of individuals.

IV. Light industries use light raw materials and produce light goods such as electrical goods industries.


A. I and II are true

B. Only I is true

C. II and IV are true

D. I, II and IV are true



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Davneet Singh

Davneet Singh has done his B.Tech from Indian Institute of Technology, Kanpur. He has been teaching from the past 14 years. He provides courses for Maths, Science, Social Science, Physics, Chemistry, Computer Science at Teachoo.