Industries which can produce machine tools which are, in turn, used for producing articles for current consumption is known as.................. Option 1: Consumption goods industry Option 2: Foreign trade industry Option 3: Capital goods industry Option 4: Banking industries

The answer is 'Capital goods industry'. View full solution:

CUET Economics - Industries which can produce machine tools which are, in turn, used for producing articles for current consumption is known as.................. | PYQs + Solutions

CUET Economics 2026 21st May Shift 1

Indian Economic Development

Easy

Consumption goods industry

Foreign trade industry

Capital goods industry

Banking industries

✅ Correct Option: 3