Single Answer MCQ
Q-00044291

Which of the following is considered a basic or key industry?

1

Textile mills

2

Sugar refineries

3

Iron and steel production

4

Beverage companies

Answer and Solution

Answer

C. Iron and steel production

Solution:

The correct answer is 'Iron and steel production'. Basic or key industries supply raw materials used by other industries, while consumer industries produce goods for direct use.

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