Single Answer MCQ
Q-00001374

How are industries classified based on the source of raw materials used?

1

Agro-based, mineral-based, and forest-based industries

2

Consumer, capital, and basic industries

3

Small scale, medium scale, and large scale industries

4

Private, public, and joint sector industries

Answer and Solution

Answer

A. Agro-based, mineral-based, and forest-based industries

Solution:

Industries can be classified based on the source of raw materials used into categories like agro-based industries (using agricultural products), mineral-based industries (using minerals), and forest-based industries (using forest resources) to differentiate their production processes. Therefore, the correct answer is 'Agro-based, mineral-based, and forest-based industries'.

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