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