Industries which can produce machine tools which are, in turn, used for producing articles for current consumption is known as..................
Industries which can produce machine tools which are, in turn, used for producing articles for current consumption is known as..................
Solution
✅ Correct Option: 3
Industries producing machine tools and machinery, which are then used to produce consumer goods, are capital goods industries. The Second Five Year Plan under the Mahalanobis strategy emphasised such heavy or capital goods industries as the basis of industrialisation.
Related questions:
2026: 21 May Shift 2
2023: 30 May Shift 1
2026: 11 May Shift 2
2026: 15 May Shift 1