Question

Statement 1: The government helps in the setting up of industries by investing and providing basic necessities.
Statement 2: The government provides infrastructure help in building roads, providing water and fuel supply, and maintaining transport services.

• A. Statement 1 is true and statement 2 is false.
• B. Statement 2 is true and statement 1 is false.
• C. Both statements are true.
• D. Both statements are false.

Answer 1

The correct option is C Both statements are true.

People who wish to establish and run industries face a number of problems like lack of power supply, non-availability of land, low credit and high interest rates on loans. Lack of technical training for employees, and inappropriate living conditions are some other problems that they frequently encounter.

To ease this burden, the government helps in the setting up of industries by investing and providing basic necessities. The government also provides infrastructure help in building roads, providing water and fuel supply, and maintaining transport services like railways, roadways, and airways.