Choose the right option and rewrite the sentence.

1. In 1948, Industrial Finance Corporation of India was formed for………..

A. better development of the industrial sector.

B. making available long-term loans to industrial projects.

C. generating employment

D. determining the quality of finished goods.

2. …………. industry in India is called as the ‘Sunrise Sector’.

A. Jute

B. Automobile

C. Cement

D. Khadi and village industries

3. The major responsibility of the textiles committee is ………. .

A. Production of cloth

B. Determining the quality standards of cloth

C. Export of cloth

D. Generate employment for people

4. ………… is the major Indian city in the production of bicycles.

A. Mumbai B. Ludhiana

C. Cochin D. Calcutta

Ans-1. In 1948, Industrial Finance Corporation of India was formed for making available long-term loans to industrial projects.

Note: It laid the bedrock of India’s Industrial Sector

Ans-2. Automobile industry in India is called as the ‘Sunrise Sector’.

Note: India is one of the major producers of vehicles with it’s tractor industry being the biggest in the world.

Ans-3. The major responsibility of the textiles committee is determining the quality standards of cloth.

Note: It was established under the Textile Committee Act of 1963 to regulate the powerloom and handloom industries.

Ans-4. Ludhiana is the major Indian city in the production of bicycles.

Note: India is a leading producer of bicycles in the world with major manufacturing units in the States of Punjab and Tamil Nadu.