Question

8-which industry, due to eat seasonal nature, is ideally suited to the cooperative sector?

9-which steel plant is located in Chhattisgarh?
10-what is the effect of liberalisation and foreign direct investment on the iron and steel industry of India?

11-from which mineral is aluminium obtained?

12-what is the criteria used to measure the strength of

a country?

13-Oil India Ltd belongs to which type of industry?
14-what are agglomeration economies?
15-which factors influence the location of an industry?​

Answer 1

Explanation:

Ans.8: Sugar- cooperative sector Sugarcane industries is seasonal in nature so, it is ideally suited to the cooperative sector. sugarcane is usually grown as a secondary crop as its industrial demand is very seasonal.

Ans.9:The Bhilai Steel Plant (BSP), located in Bhilai, in the Indian state of Chhattisgarh.

Ans.10: It leads to integration of Indian manufacturing units with the larger global economy. It also leads to increase in labour productivity with the adoption of new technology. Production and export of steel has increased at a higher rate after liberalisation.

Ans.11: Aluminium can be extracted (uneconomically) from some clays but the most common aluminium ore is a material called bauxite.

Ans.12: The criterion used to measure the strength of a country is the strength of its manufacturing sector. For the general and economic development of the country, the manufacturing sector plays an important role as it is the backbone of development.

Ans.13: Oil India Limited (OIL) is the second largest hydrocarbon exploration and production Indian public sector company with its operational headquarters in Duliajan, Assam, India.

Ans.14: Economies of agglomeration or agglomeration effects are cost savings arising from urban agglomeration, a major topic of urban economics. One aspect of agglomeration is that firms are often located near to each other. This concept relates to the idea of economies of scale and network effects.

Ans.15: •power supply

•communications - including transport, telecommunications

•labour supply - including workers with the right skills

•access to market - where the goods are sold

•grants and financial incentives - usually from governments

•raw materials