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UPSC 2001: Consider the following factors regarding an industry: I. Capital investments II. Business turnover III. Labour force IV. Power consumption Which of these determine the nature and size of the industry?
(a)I, III and IV
(b)I, II and IV
(c)II, III and IV
(d)I and III
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Not attemptedCorrect Answer: (a) I, III and IV
Standard criteria for categorising industries into small-, medium- or large-scale include the amount of capital invested, the number of workers employed and the power (energy) consumed; business turnover reflects performance after operations begin and is not used for defining the nature/size category. Hence the correct factors are I, III and IV. ([doubtnut.com](https://www.doubtnut.com/qna/647364546?utm_source=openai))
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Frequently Asked Questions
What is the correct answer to this UPSC 2001 Indian Economy question?▼
The correct answer is option (a): I, III and IV. Watch the detailed video explanation in our Sherlocking Prelims course on UnlockIAS.
Which year was this Infrastructure & Industry question asked in UPSC Prelims?▼
This question was asked in UPSC CSE Prelims 2001, GS Paper 1, as Question 64. It falls under Indian Economy > Infrastructure & Industry.
What is the difficulty level of this UPSC question?▼
This question is rated "moderate". It requires sound conceptual understanding of the topic.
How many UPSC Prelims questions have been asked from Infrastructure & Industry?▼
UPSC has asked 74 questions from Infrastructure & Industry (under Indian Economy) across multiple years. Visit the topic page to see the full list and year-wise trends.