Question

<!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}--> Which among the following statements are true about the manufacturing industries?

• A. Reduces foreign exchange
• B. Possibility of expansion of trade
• C. Helps in modernising agriculture
• D. Helps to overcome poverty and unemployment

Answer 1

Answer: (B), (C), (D)

Helps to overcome poverty and unemployment

<!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}--> When the products manufactured in the manufacturing industries find takers in the international market, expansion of trade happens. This will bring in more foreign exchange to the country. Manufacturing industries also modernise agriculture by selling products such as irrigation pumps, fertilisers, insecticides, pesticides, plastic and PVC pipes to farmers.