Industries are classified on the basis of bulk and weight of raw materials and finished goods as:
(a) Private sector and public sector Industries
(b) Joint sector and cooperative sector industries
(c) Heavy and light industries
(d) Small scale and large scale industries
Answers
Answer:
answer C is right heavy and light industries
c) Heavy and light industries
Explanation:
Industries are classified on the basis of bulk and weight of raw materials and finished goods as heavy and light industries. Heavy industries have heavy and bulky raw material as well as finished goods. They are also capital intensive. Heavy Industry in India comprises of the Iron and Steel industry, heavy engineering industry, machine tool industry, auto industry, etc. These industries provides goods and services for almost all sectors of the economy, including power, rail and road transport. Light industry is industries that usually are less capital-intensive than heavy industry and is more consumer-oriented than business-oriented, as it typically produces smaller consumer goods. Example of light industry are food industry, Household electric appliances, textiles, etc.