Based on the size, the number of industries area)fiveb)fourc)threeCorr...
There are three types of industries, i.e. large scale, medium scale and small scale industries.
Based on the size, the number of industries area)fiveb)fourc)threeCorr...
Number of Industries based on Size
The number of industries can vary based on their size. In this case, we are given three options: five, four, and three. The correct answer is option 'C', which states that there are three industries based on size. Let's explore and explain this answer in detail.
1. Understanding the Question:
The question is asking about the number of industries based on their size. It implies that different industries can be categorized into groups based on their size. We need to identify the correct number of categories or groups based on the given options.
2. Size-based Classification:
Industries can be classified into different categories based on their size. Typically, industries are categorized into three main groups:
a) Small-Scale Industries: These are relatively small-sized industries that have limited production capacity and a smaller workforce. They usually operate on a local or regional scale.
b) Medium-Scale Industries: These industries fall between small and large-scale industries. They have a moderate production capacity and a larger workforce compared to small-scale industries. They may operate on a national or regional scale.
c) Large-Scale Industries: These are the largest-sized industries with significant production capacity and a large number of employees. They often operate on a national or international scale.
3. Correct Answer Explanation:
Based on the above classification, the correct answer is option 'C', which states that there are three industries based on size. This means that industries can be categorized into three groups: small-scale, medium-scale, and large-scale.
- Small-Scale Industries
- Medium-Scale Industries
- Large-Scale Industries
4. Conclusion:
In summary, the correct answer to the question is option 'C', which states that there are three industries based on size. This classification includes small-scale, medium-scale, and large-scale industries. These categories help to differentiate industries based on their production capacity, workforce, and scale of operation.