Correct Answer: A small scale industry is defined with reference to the maximum investment allowed on the assets of a unit.

Basic or key industries are those whose products are considered as raw materials to manufacture other goods, e.g. iron and steel and copper smelting.

Joint sector industries are jointly run by the state and individuals or a group of individuals. Oil India Ltd. (OIL) is jointly owned by the public and the private sectors.

All public sector undertakings market their steel through Steel Authority of India Ltd. (SAIL).

Minerals like limestone, silica, alumina and gypsum are used in the cement industry.

This is the correct answer. An industry in which the government or its agencies undertake economic activities are public sector industries, e.g. BHEL. Industries owned and run by private individuals are private industries, e.g. TATA Steel.

India exports yarn to Japan.

Correct Answer: Aluminium smelting industries

This is the correct answer. Textile industry contributes 4 per cent towards GDP. It is the only industry in the country, which is self-reliant and complete in the value chain, i.e. from raw material to the highest value added products.

Moradabad has cotton textile mills.

This is correct as the handspun khadi provides large scale employment to weavers in their homes as a cottage industry.

The iron and steel industry is the basic industry since all the other industries — heavy, medium and light, depend on it for their machinery. Thus, it is the most important metallurgical industry in India.

Correct Answer: Anantnag, Mysore, Varanasi and Murshidabad

Bangladesh is the largest exporter of jute goods in the world. Though India is the largest producer of raw jute in the world yet, Bangladesh exports more jute goods than India. Thus, Bangladesh is in direct competition with India for its jute products.

Inorganic chemicals such as sulphuric acid are used to manufacture fertilisers.

The first cement plant in India was set up in 1904 in Chennai.

The NALCO and BALCO plants of aluminium smelting are situated in Orissa.

The IT industry has been a major foreign exchange earner in the last two or three years because of its fast growing Business Processes Outsourcing (BPO) sector.

Correct Answer: India has the largest installed capacity of spindles in the world.

Bangalore has emerged as the electronic capital of India.