Single Answer MCQ
Q-00044338

Why is the textile industry significant to India's economy?

1

It has the highest exports of all sectors.

2

It employs a large number of people.

3

It is solely reliant on imported materials.

4

It produces electronic goods.

Answer and Solution

Answer

B. It employs a large number of people.

Solution:

The textile industry is significant because it provides employment and contributes to industrial production and foreign exchange earnings.

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