GSEB Industrial Sector MCQ — Class 12

How can industry contribute to national income?

Industrial production adds value and contributes to economic output.

A public-sector industry is principally owned by whom?

Public-sector ownership is with government or public authorities.

A private-sector industry is principally owned by whom?

Private ownership distinguishes these enterprises from the public sector.

A joint-sector enterprise involves what?

Joint-sector ownership combines public and private participation.

A cooperative enterprise is organised primarily around what?

Cooperative ownership centres on the members and their common objectives.

Consumer-goods industries produce mainly for whom?

Consumer goods satisfy final consumer demand.

Intermediate-goods industries produce mainly what?

Intermediate goods enter subsequent production processes.

Cottage industries are commonly associated with what?

Cottage industries typically operate on a small scale using household or local resources.

SEZ stands for what?

Special Economic Zones are designated areas with policy arrangements supporting economic activity.

Which facility can support industrial activity?

Industrial production and distribution rely on infrastructure.

1. An enterprise is government-owned but produces consumer goods. What does this show?

1. Public enterprises cannot make consumer goods
2. All consumer-goods producers are privately owned
3. Product type alone determines ownership
4. Ownership and product classifications are separate

2. A firm makes steel for machinery production. Which product classification is most relevant?

1. Only agriculture
2. Only a bank deposit
3. Intermediate goods
4. Only final household services

3. A firm makes soap sold to households. Which classification fits?

1. Only a census service
2. Consumer-goods industry
3. Only intermediate goods for every use
4. Only currency production