Question

<!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}--> Which among the following are the advantages of the growth of manufacturing industries in India?

• A. Reduces foreign exchange
• B. 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 there is a growth of manufacturing industries, expansion of trade will happen. 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. It will reduce the poverty of country by providing employment.