Question

10) Despite the fact that India is a major iron and steel producer in the globe, we are unable to reach our full potential due to the following factors
a)Poor infrastructure
b) lrregular supply of energy
c) Lower productivity of labour
d) High costs and limited availability of coking coal
1)both a,b,c and d
2)Both a,c and d
3)Both b,c and d
4) Both a,b and d​

Answer 1

All the options are correct, therefore, A is the right option.

Explanation:

• India is one of the major producers of iron and steel around the globe.
• But we still are unable to reach our full potential due to the poor infrastructure. The infrastructure directly affects the production capacity of labor. It also affects the employment capacity of any firm.
• The supply of energy is also irregular. The heavy industries in India are still based on coal which is limited in availability and has high procurement costs. An alternative to cool as the source of power in these industries is yet to be discovered.
• Therefore all the options are correct.