Question

<!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}--> Consider the following statements with respect to secondary industries:
1. They can be further classified into heavy industries and light industries.
2. They process the inputs received from the primary industries.
Which of the above is/are correct?

• A. 1 only
• B. 2 only
• C. Both 1 and 2
• D. Neither 1 nor 2

Answer 1

The correct option is C Both 1 and 2

<!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}--> Secondary industry is defined as the industry that deals with the raw materials effectively collected by the primary industry so that they can convert them into finished products. These finished goods are in turn sold by Tertiary industries in the consumer market. Secondary industry may be defined as heavy industry(capital goods) and light industry(consumer goods).