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Single Answer MCQ
Q-00044321

What distinguishes basic industries from consumer industries?

1

Basic industries produce goods for direct sale.

2

Basic industries supply raw materials for other goods.

3

Basic industries require less capital.

4

Basic industries are always owned by the government.

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Sandeep Chaturvedi

Sandeep Chaturvedi

CBSE Social Science & Humanities Reviewer

Social science and humanities educator with 14+ years of experience reviewing CBSE SST, economics, commerce, arts, and vocational content.

M.A. HistoryM.A. Political ScienceB.Ed.

Answer and Solution

Answer

B. Basic industries supply raw materials for other goods.

Solution:

Basic industries supply raw materials used by consumer industries to produce finished goods.

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