indian industries & trade section 3 MCQ Questions & Answers Detailed Explanation

Answer: (d)

Sunrise industry is a colloquial term for a sector or business that is in its infancy but is growing at a rapid pace. A sunrise industry is typically characterized by high growth rates, numerous start-ups and an abundance of venture capital funding.

A sunrise industry is often characterized by a high degree of innovation, and its rapid emergence may threaten to push into obsolescence a competing industry sector that is already in decline. So electronics and biotechnology can be characterized as sunrise industries.

Answer: (d)

Answer: (c)

Answer: (a)

India, China, and Bangladesh are the three major producers in the cultivation or production of jute fibre. India has taken advantage of recent improvements in the cultivation of jute to become the largest producer or cultivator of jute in the world. Using advanced production techniques, India also has dominance over the worldwide jute products market.

In terms of the world export of jute fibre, Bangladesh's share is more than 70%, which makes Bangladesh the largest exporter of jute fibre in the world.