which of the following is not a basis of classification of industry A) nature of finished products B) number of workers C) source of raw material D) ownerships
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ANSWER:
D) Ownerships
EXPLANATION:
All the other options depends on the classification of industries.
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Answer
nature of finished products is not a basis of classification of industry. (option A)
- industry is classified on the basis of raw materials, size and ownership.
- there are four types on the basis of size i.e. large scale, small scale, medium scale and cottage industries
- Since the other 3 options fall on the basis of classification of industry, nature of finished products is the correct answer. (option A)
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