Which of the following statements are correct?
I. Manufacturing refers to the production of finished goods into more valuable products from raw materials with the help of labour, machines etc.
II. Industrial location is not influenced by anything we can open an industry anywhere we want to.
III. Agriculture and industries move together.
IV. Cooperative sector industries are owned and operated by the government and individuals.
A. I and III are true
B. Only I is true
C. II and IV are true
D. Every statement is false.
So the correct answer is (a) - I and III are true.
Let’s check all the statements
- Statement I - Consumer industries are those which produce goods directly for consumers which is true .
- Statement II - A small-scale industry is classified based on the maximum investment allowed on the assets of a unit which is false.
- Statement III - The public sector is owned and operated by a group of individuals which is true .
- Statement IV - Light industries use light raw materials and produce light goods such as electrical goods industries which is false.
Thus, option ‘a’ is correct.