Q2 of 33 Page 51

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

Corporate social responsibility is compulsory for every industrialist.

True


Yes, the corporate social responsibility is essential for the industrial unit. The law ensures 2% of the profit of the industrial unit must be contributed to society as a social responsibility. The industrial unit must ensure social responsibility in the society for the peaceful development of industries.


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2

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.

 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.

 3

Answer the following questions in three to four lines.

What are the facilities provided by the government to industrial estates?

 3

Answer the following questions in three to four lines.

Write in your own words how industrial development impacts national development.