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Read the source given below and answer the of industry to the GDP is \( 27 \% \) out of which \( 10 \% \)
(ii) How industrial development helps?
questions that follows:
comes from mining, quarrying, electricity and gas.
(a) generating foreign currency in economy
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Manufacturing is the production of goods in \( 7 \% \) in the last decade. Since 2003, the growth rate
(b) reducing burden of agriculture and creating
large quantities after processing raw materials has been 9 to \( 10 \% \) per annum. The desired growth into more valuable products. Industries that new jobs
manufacture finished products from primary rate over the next decade is \( 12 \% \). The National
(c) generating more capital
material are called Manufacturing Industries. Manufacturing Competitiveness Council(NMCC)
(d) all the above
_ Manufacturing industries help in modernizing \( \quad \begin{array}{l}\text { has been set up with the objectives of improving } \\ \text { agriculture; which forms the backbone of our productivity through proper policy interventions }\end{array} \)
(iii) What is the share of manufacturing industries economy. Manufacturing industries also reduce in over the last two decades according to this
- the heavy dependence of agricultural income
by the government and renewed efforts by the paragraph? because of the creation of new jobs in secondary industry.
(a) \( 18 \% \)
(b) \( 60 \% \)
and tertiary sectors. Industrial development helps Answer the following MCQs by choosing the most
(c) \( 17 \% \)
(d) \( 7 \% \)
- in eradication of unemployment and poverty. appropriate option:
(iv) With what objective NMCC is set up? Export of manufactured goods expands trade and
i) Industries that manufacture finished products
(a) improving productivity through proper policy
- commerce which helps to brings in much needed foreign exchange. A country with a high level of from primary material are called interventions by the government and renewed manufacturing activities becomes prosperous.
(a) manufacturing industries efforts by the industry
- The share of manufacturing sector in the GDP
(b) primary industries
(b) improving economy through producing (Gross Domestic Product) has stagnated at 17\%
(c) tertiary sectors financial aid only to industries over the last two decades. The total contribution
(d) none of the above
(c) improving agriculture by financial aids and proper guidance
(d) none of the above
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