Q2 of 33 Page 51

State whether the following statements are true or false. Correct the incorrect statements.

The level of industrialization is an indicator of the economic development of a country.

True.


Level of industrialisation shows the level of economic development in the country. The higher the industrial development, higher employment opportunity, higher income, development in technology, etc. Therefore the industrial development reflects economic development in the country.


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1

Mark (√) in the box next to the right alternative

An amount of 2% of the profits has to be utilized for which purpose by industries?

 2

State whether the following statements are true or false. Correct the incorrect statements.

Small and medium industries of the country are harmful to heavy industries.

 2

State whether the following statements are true or false. Correct the incorrect statements.

The aim of the industrial development corporation is to decentralize industrialization.

 2

State whether the following statements are true or false. Correct the incorrect statements.

Corporate social responsibility is compulsory for every industrialist.