The following items consist of two statements, one labelled as , "Assertion A" and the other labelled as "Reason R". You are to examine these two statements carefully and decide if the Assertion A and the Reason R are individually true and if so, whether the Reason is a correct explanation of the Assertion. Select your answers to these items using the codes given below and mark your answer sheet accordingly. Assertion (A) : In India, the traditional small-scale industries have greater employment potential than the modern small-scale industries. Reason (R) : The value of capital per worker in traditional small-scale industries is smaller than the value of capital per worker in the modern small-scale industries.a)Both A and R are true and R is the correct explanation of A.b)Both A and R are true and R is not a correct explanation of A.c)A is true but R is falsed)A is false but R is trueCorrect answer is option 'A'. Can you explain this answer?

Explore Courses UPSC Exam UPSC Test Series Free Notes EduRev Infinity

Open App

Banking Exams Exam > Banking Exams Questions > The following items consist of two statements...

Join the Discussion on the App

The following items consist of two statements, one labelled as , "Assertion A" and the other labelled as "Reason R". You are to examine these two statements carefully and decide if the Assertion A and the Reason R are individually true and if so, whether the Reason is a correct explanation of the Assertion. Select your answers to these items using the codes given below and mark your answer sheet accordingly.
Assertion (A) : In India, the traditional small-scale industries have greater employment potential than the modern small-scale industries.
Reason (R) : The value of capital per worker in traditional small-scale industries is smaller than the value of capital per worker in the modern small-scale industries.

a)
Both A and R are true and R is the correct explanation of A.
b)
Both A and R are true and R is not a correct explanation of A.
c)
A is true but R is false
d)
A is false but R is true

Correct answer is option 'A'. Can you explain this answer?

FREE This question is part of

Test: Economic & Social - 5

Attempt Test

Attempt this Test

View all answers Start learning for free

< Previous Question Next Question >

Explore Courses for Banking Exams exam

Similar Banking Exams Doubts

Directions: Read the following passage carefully and answer the questions given below.History of Industry in India dates back to the history of mankind. India’s handicrafts manufactured in village huts and houses all over the country were prized in foreign countries. Working on the locally available raw materials and with the skills and tools handed over to them by their forefathers, the village artisans produced products of high aesthetic quality with ease and efficiency. Generations of such workers provided India with a long and glorious tradition of artistic handicrafts of a varied nature. Among all the industries of early times, the textiles, especially the cotton textile industry, had the place of pride both in India and in the outside world. There is enough evidence to show that the Indians knew weaving some 1,500 years before Christ, when the Europeans were still covering themselves with animal skins. Pyrard, the 17th century Portuguese writer has recorded that everyone from the Cape of Good Hope to China was clothed from head to foot in Indian made garments. The fine Dhaka muslin was the envy of the world for centuries together. Iron and Steel industry was also in advanced stage at that time. The iron column near Qutab Minar in Delhi is standing in the open and is exposed to sun, rain and weathering over 1,500 years old and it still looks fresh. It seems that this column will continue to stand there till eternity. This rare monument is a testimony to the forging and fabricating ingenuity of ancient India. It is believed that the famous Damascus swords were made from steel imported from India. In addition to cotton textiles and steel industries; wood, stone and ivory carvings, silk textiles, pottery, bronze, brass, silver and copper works, dyeing and calico printing were also famous throughout the world. Industrial Revolution in Europe resulted in modern factories. With this the scale of manufacturing goods increased tremendously leading to mechanisation. As a result migration of workers occurred from villages to cities. The barter system of goods with goods came to an end, exchange of goods with money started. It is correct that a revolution occurred in the manufacturing sphere but the traditional village handicrafts and cottage industries witnessed their death toll. Thousands of artisans were rendered jobless as their manufacturers could not compete with the fine and low cost goods manufactured in modern industries. A near chaos prevailed in villages. Goldsmiths, blacksmiths and weavers began to starve. Thus, modern industry eroded the strong traditional industrial base.The decline of the traditional industry and the rise of the modern industry in India were neither simultaneous nor casually connected. The beginning of modern large scale industry in India dates back to 1830 when the first charcoal fired iron making was attempted in Tamil Nadu. However, this venture collapsed in 1866. Therefore, the real beginning of the modern industry in India is recognised with the establishment of cotton textile industry at Mumbai in 1854. This industry grew tremendously in 1870s due to a spurt in demand in the wake of the American Civil War. By 1875-76, the number of cotton textile mills rose to 47. The first jute mill was set up at Rishra near Kolkata in 1855. Since the geographical conditions were very much favourable for jute industry in the Hugli basin, this industry flourished well and there were 64 mills in 1913-14, providing employment to over two lakh persons. Among the other industries which appeared on the industrial scene of India before the outbreak of World War I in 1914 were woollen textiles, paper and breweries. The main industrial centres were port cities of Mumbai, Kolkata and Chennai. This pattern of industrial location was conceived by the British rulers to facilitate imports and exports. The sole inland industrial centre of any consequence was Kanpur, the base of military equipment production. Indian industries made rapid strides during the First World War (1914-18) due to rise in demand for industrial goods by the Armed Forces. However, the real spurt was provided by the Indian Fiscal Commission set up in 1921-22. This gave the much needed protection to industries like iron and steel, textiles, cement, sugar, paper and metals. One of the most prominent features of Indian industrial scene during this period was the dispersal of cotton textile industry away from Mumbai. In 1875-76, 61.7 per cent of cotton textile mills were located in Mumbai and by 1938-39 only 17.5% per cent of the mills remained in Mumbai. In fact this industry gained a lot as a result of war. On the eve of the war, India had emerged as the fourth largest cotton manufacturing country next to the USA, the U.K. and Japan in that order. Jute industry on the other hand, continued to concentrate in the Hugli basin only. However, the number of jute mills rose from 64 in 1913-14 to 107 in 1938-39.While Indian industry prospered during World War I, the Second World War created problems for Indian industry. India became an active participant in war and the entry of Japan in the hostilities brought war to India’s doorstep. However, the impact of war was short-lived and the industry was quick to recover from the initial shock and exploited the opportunities offered by the war.A programme costing Rs. 4 crore for the manufacture of armaments and explosives was launched in 1941 to meet the immediate requirements of war. The ordinance factories started producing 700 varieties of ammunition. There were pressing demands to meet the civilian requirements too. With this object in view, heavy chemical industry was started in 1941 and the production of sulphuric acid, synthetic ammonia, caustic soda, chlorine and bleaching powder commenced. The Hindustan Aircraft Company also assembled its first aircraft in 1941. Metal fabricating industries such as copper were also initiated. A wide variety of engineering industries like machine tools, machinery manufacture in respect of cotton, tea, and oil processing industries, electrical equipment, vanaspati manufacturing, power, alcohol, synthetic resin and plastic industries also flourished. However, some other industries including diesel engines, pumps, sewing machines and electric fans suffered a setback. By and large, the performance of individual industries varied considerably.Q. Why were only certain places like Kolkata, Mumbai and Chennai chosen over others, for flourishing industries?

View answer

Directions: Read the following passage carefully and answer the questions given below.History of Industry in India dates back to the history of mankind. India’s handicrafts manufactured in village huts and houses all over the country were prized in foreign countries. Working on the locally available raw materials and with the skills and tools handed over to them by their forefathers, the village artisans produced products of high aesthetic quality with ease and efficiency. Generations of such workers provided India with a long and glorious tradition of artistic handicrafts of a varied nature. Among all the industries of early times, the textiles, especially the cotton textile industry, had the place of pride both in India and in the outside world. There is enough evidence to show that the Indians knew weaving some 1,500 years before Christ, when the Europeans were still covering themselves with animal skins. Pyrard, the 17th century Portuguese writer has recorded that everyone from the Cape of Good Hope to China was clothed from head to foot in Indian made garments. The fine Dhaka muslin was the envy of the world for centuries together. Iron and Steel industry was also in advanced stage at that time. The iron column near Qutab Minar in Delhi is standing in the open and is exposed to sun, rain and weathering over 1,500 years old and it still looks fresh. It seems that this column will continue to stand there till eternity. This rare monument is a testimony to the forging and fabricating ingenuity of ancient India. It is believed that the famous Damascus swords were made from steel imported from India. In addition to cotton textiles and steel industries; wood, stone and ivory carvings, silk textiles, pottery, bronze, brass, silver and copper works, dyeing and calico printing were also famous throughout the world. Industrial Revolution in Europe resulted in modern factories. With this the scale of manufacturing goods increased tremendously leading to mechanisation. As a result migration of workers occurred from villages to cities. The barter system of goods with goods came to an end, exchange of goods with money started. It is correct that a revolution occurred in the manufacturing sphere but the traditional village handicrafts and cottage industries witnessed their death toll. Thousands of artisans were rendered jobless as their manufacturers could not compete with the fine and low cost goods manufactured in modern industries. A near chaos prevailed in villages. Goldsmiths, blacksmiths and weavers began to starve. Thus, modern industry eroded the strong traditional industrial base.The decline of the traditional industry and the rise of the modern industry in India were neither simultaneous nor casually connected. The beginning of modern large scale industry in India dates back to 1830 when the first charcoal fired iron making was attempted in Tamil Nadu. However, this venture collapsed in 1866. Therefore, the real beginning of the modern industry in India is recognised with the establishment of cotton textile industry at Mumbai in 1854. This industry grew tremendously in 1870s due to a spurt in demand in the wake of the American Civil War. By 1875-76, the number of cotton textile mills rose to 47. The first jute mill was set up at Rishra near Kolkata in 1855. Since the geographical conditions were very much favourable for jute industry in the Hugli basin, this industry flourished well and there were 64 mills in 1913-14, providing employment to over two lakh persons. Among the other industries which appeared on the industrial scene of India before the outbreak of World War I in 1914 were woollen textiles, paper and breweries. The main industrial centres were port cities of Mumbai, Kolkata and Chennai. This pattern of industrial location was conceived by the British rulers to facilitate imports and exports. The sole inland industrial centre of any consequence was Kanpur, the base of military equipment production. Indian industries made rapid strides during the First World War (1914-18) due to rise in demand for industrial goods by the Armed Forces. However, the real spurt was provided by the Indian Fiscal Commission set up in 1921-22. This gave the much needed protection to industries like iron and steel, textiles, cement, sugar, paper and metals. One of the most prominent features of Indian industrial scene during this period was the dispersal of cotton textile industry away from Mumbai. In 1875-76, 61.7 per cent of cotton textile mills were located in Mumbai and by 1938-39 only 17.5% per cent of the mills remained in Mumbai. In fact this industry gained a lot as a result of war. On the eve of the war, India had emerged as the fourth largest cotton manufacturing country next to the USA, the U.K. and Japan in that order. Jute industry on the other hand, continued to concentrate in the Hugli basin only. However, the number of jute mills rose from 64 in 1913-14 to 107 in 1938-39.While Indian industry prospered during World War I, the Second World War created problems for Indian industry. India became an active participant in war and the entry of Japan in the hostilities brought war to India’s doorstep. However, the impact of war was short-lived and the industry was quick to recover from the initial shock and exploited the opportunities offered by the war.A programme costing Rs. 4 crore for the manufacture of armaments and explosives was launched in 1941 to meet the immediate requirements of war. The ordinance factories started producing 700 varieties of ammunition. There were pressing demands to meet the civilian requirements too. With this object in view, heavy chemical industry was started in 1941 and the production of sulphuric acid, synthetic ammonia, caustic soda, chlorine and bleaching powder commenced. The Hindustan Aircraft Company also assembled its first aircraft in 1941. Metal fabricating industries such as copper were also initiated. A wide variety of engineering industries like machine tools, machinery manufacture in respect of cotton, tea, and oil processing industries, electrical equipment, vanaspati manufacturing, power, alcohol, synthetic resin and plastic industries also flourished. However, some other industries including diesel engines, pumps, sewing machines and electric fans suffered a setback. By and large, the performance of individual industries varied considerably.Q. What validates the statement that 'not only clothing, India's Iron and Steel industry was also in advanced stage at that time'?

View answer

Directions: Read the following passage carefully and answer the questions given below.History of Industry in India dates back to the history of mankind. India’s handicrafts manufactured in village huts and houses all over the country were prized in foreign countries. Working on the locally available raw materials and with the skills and tools handed over to them by their forefathers, the village artisans produced products of high aesthetic quality with ease and efficiency. Generations of such workers provided India with a long and glorious tradition of artistic handicrafts of a varied nature. Among all the industries of early times, the textiles, especially the cotton textile industry, had the place of pride both in India and in the outside world. There is enough evidence to show that the Indians knew weaving some 1,500 years before Christ, when the Europeans were still covering themselves with animal skins. Pyrard, the 17th century Portuguese writer has recorded that everyone from the Cape of Good Hope to China was clothed from head to foot in Indian made garments. The fine Dhaka muslin was the envy of the world for centuries together. Iron and Steel industry was also in advanced stage at that time. The iron column near Qutab Minar in Delhi is standing in the open and is exposed to sun, rain and weathering over 1,500 years old and it still looks fresh. It seems that this column will continue to stand there till eternity. This rare monument is a testimony to the forging and fabricating ingenuity of ancient India. It is believed that the famous Damascus swords were made from steel imported from India. In addition to cotton textiles and steel industries; wood, stone and ivory carvings, silk textiles, pottery, bronze, brass, silver and copper works, dyeing and calico printing were also famous throughout the world. Industrial Revolution in Europe resulted in modern factories. With this the scale of manufacturing goods increased tremendously leading to mechanisation. As a result migration of workers occurred from villages to cities. The barter system of goods with goods came to an end, exchange of goods with money started. It is correct that a revolution occurred in the manufacturing sphere but the traditional village handicrafts and cottage industries witnessed their death toll. Thousands of artisans were rendered jobless as their manufacturers could not compete with the fine and low cost goods manufactured in modern industries. A near chaos prevailed in villages. Goldsmiths, blacksmiths and weavers began to starve. Thus, modern industry eroded the strong traditional industrial base.The decline of the traditional industry and the rise of the modern industry in India were neither simultaneous nor casually connected. The beginning of modern large scale industry in India dates back to 1830 when the first charcoal fired iron making was attempted in Tamil Nadu. However, this venture collapsed in 1866. Therefore, the real beginning of the modern industry in India is recognised with the establishment of cotton textile industry at Mumbai in 1854. This industry grew tremendously in 1870s due to a spurt in demand in the wake of the American Civil War. By 1875-76, the number of cotton textile mills rose to 47. The first jute mill was set up at Rishra near Kolkata in 1855. Since the geographical conditions were very much favourable for jute industry in the Hugli basin, this industry flourished well and there were 64 mills in 1913-14, providing employment to over two lakh persons. Among the other industries which appeared on the industrial scene of India before the outbreak of World War I in 1914 were woollen textiles, paper and breweries. The main industrial centres were port cities of Mumbai, Kolkata and Chennai. This pattern of industrial location was conceived by the British rulers to facilitate imports and exports. The sole inland industrial centre of any consequence was Kanpur, the base of military equipment production. Indian industries made rapid strides during the First World War (1914-18) due to rise in demand for industrial goods by the Armed Forces. However, the real spurt was provided by the Indian Fiscal Commission set up in 1921-22. This gave the much needed protection to industries like iron and steel, textiles, cement, sugar, paper and metals. One of the most prominent features of Indian industrial scene during this period was the dispersal of cotton textile industry away from Mumbai. In 1875-76, 61.7 per cent of cotton textile mills were located in Mumbai and by 1938-39 only 17.5% per cent of the mills remained in Mumbai. In fact this industry gained a lot as a result of war. On the eve of the war, India had emerged as the fourth largest cotton manufacturing country next to the USA, the U.K. and Japan in that order. Jute industry on the other hand, continued to concentrate in the Hugli basin only. However, the number of jute mills rose from 64 in 1913-14 to 107 in 1938-39.While Indian industry prospered during World War I, the Second World War created problems for Indian industry. India became an active participant in war and the entry of Japan in the hostilities brought war to India’s doorstep. However, the impact of war was short-lived and the industry was quick to recover from the initial shock and exploited the opportunities offered by the war.A programme costing Rs. 4 crore for the manufacture of armaments and explosives was launched in 1941 to meet the immediate requirements of war. The ordinance factories started producing 700 varieties of ammunition. There were pressing demands to meet the civilian requirements too. With this object in view, heavy chemical industry was started in 1941 and the production of sulphuric acid, synthetic ammonia, caustic soda, chlorine and bleaching powder commenced. The Hindustan Aircraft Company also assembled its first aircraft in 1941. Metal fabricating industries such as copper were also initiated. A wide variety of engineering industries like machine tools, machinery manufacture in respect of cotton, tea, and oil processing industries, electrical equipment, vanaspati manufacturing, power, alcohol, synthetic resin and plastic industries also flourished. However, some other industries including diesel engines, pumps, sewing machines and electric fans suffered a setback. By and large, the performance of individual industries varied considerably.Q. What is the significance of Kanpur in the beginning of modern industry in India?

View answer

Directions: Read the following passage carefully and answer the questions given below.History of Industry in India dates back to the history of mankind. India’s handicrafts manufactured in village huts and houses all over the country were prized in foreign countries. Working on the locally available raw materials and with the skills and tools handed over to them by their forefathers, the village artisans produced products of high aesthetic quality with ease and efficiency. Generations of such workers provided India with a long and glorious tradition of artistic handicrafts of a varied nature. Among all the industries of early times, the textiles, especially the cotton textile industry, had the place of pride both in India and in the outside world. There is enough evidence to show that the Indians knew weaving some 1,500 years before Christ, when the Europeans were still covering themselves with animal skins. Pyrard, the 17th century Portuguese writer has recorded that everyone from the Cape of Good Hope to China was clothed from head to foot in Indian made garments. The fine Dhaka muslin was the envy of the world for centuries together. Iron and Steel industry was also in advanced stage at that time. The iron column near Qutab Minar in Delhi is standing in the open and is exposed to sun, rain and weathering over 1,500 years old and it still looks fresh. It seems that this column will continue to stand there till eternity. This rare monument is a testimony to the forging and fabricating ingenuity of ancient India. It is believed that the famous Damascus swords were made from steel imported from India. In addition to cotton textiles and steel industries; wood, stone and ivory carvings, silk textiles, pottery, bronze, brass, silver and copper works, dyeing and calico printing were also famous throughout the world. Industrial Revolution in Europe resulted in modern factories. With this the scale of manufacturing goods increased tremendously leading to mechanisation. As a result migration of workers occurred from villages to cities. The barter system of goods with goods came to an end, exchange of goods with money started. It is correct that a revolution occurred in the manufacturing sphere but the traditional village handicrafts and cottage industries witnessed their death toll. Thousands of artisans were rendered jobless as their manufacturers could not compete with the fine and low cost goods manufactured in modern industries. A near chaos prevailed in villages. Goldsmiths, blacksmiths and weavers began to starve. Thus, modern industry eroded the strong traditional industrial base.The decline of the traditional industry and the rise of the modern industry in India were neither simultaneous nor casually connected. The beginning of modern large scale industry in India dates back to 1830 when the first charcoal fired iron making was attempted in Tamil Nadu. However, this venture collapsed in 1866. Therefore, the real beginning of the modern industry in India is recognised with the establishment of cotton textile industry at Mumbai in 1854. This industry grew tremendously in 1870s due to a spurt in demand in the wake of the American Civil War. By 1875-76, the number of cotton textile mills rose to 47. The first jute mill was set up at Rishra near Kolkata in 1855. Since the geographical conditions were very much favourable for jute industry in the Hugli basin, this industry flourished well and there were 64 mills in 1913-14, providing employment to over two lakh persons. Among the other industries which appeared on the industrial scene of India before the outbreak of World War I in 1914 were woollen textiles, paper and breweries. The main industrial centres were port cities of Mumbai, Kolkata and Chennai. This pattern of industrial location was conceived by the British rulers to facilitate imports and exports. The sole inland industrial centre of any consequence was Kanpur, the base of military equipment production. Indian industries made rapid strides during the First World War (1914-18) due to rise in demand for industrial goods by the Armed Forces. However, the real spurt was provided by the Indian Fiscal Commission set up in 1921-22. This gave the much needed protection to industries like iron and steel, textiles, cement, sugar, paper and metals. One of the most prominent features of Indian industrial scene during this period was the dispersal of cotton textile industry away from Mumbai. In 1875-76, 61.7 per cent of cotton textile mills were located in Mumbai and by 1938-39 only 17.5% per cent of the mills remained in Mumbai. In fact this industry gained a lot as a result of war. On the eve of the war, India had emerged as the fourth largest cotton manufacturing country next to the USA, the U.K. and Japan in that order. Jute industry on the other hand, continued to concentrate in the Hugli basin only. However, the number of jute mills rose from 64 in 1913-14 to 107 in 1938-39.While Indian industry prospered during World War I, the Second World War created problems for Indian industry. India became an active participant in war and the entry of Japan in the hostilities brought war to India’s doorstep. However, the impact of war was short-lived and the industry was quick to recover from the initial shock and exploited the opportunities offered by the war.A programme costing Rs. 4 crore for the manufacture of armaments and explosives was launched in 1941 to meet the immediate requirements of war. The ordinance factories started producing 700 varieties of ammunition. There were pressing demands to meet the civilian requirements too. With this object in view, heavy chemical industry was started in 1941 and the production of sulphuric acid, synthetic ammonia, caustic soda, chlorine and bleaching powder commenced. The Hindustan Aircraft Company also assembled its first aircraft in 1941. Metal fabricating industries such as copper were also initiated. A wide variety of engineering industries like machine tools, machinery manufacture in respect of cotton, tea, and oil processing industries, electrical equipment, vanaspati manufacturing, power, alcohol, synthetic resin and plastic industries also flourished. However, some other industries including diesel engines, pumps, sewing machines and electric fans suffered a setback. By and large, the performance of individual industries varied considerably.Q. What does the author mean by 'History of Industry in India dates back to the history of mankind'?

View answer

Directions: Read the following passage carefully and answer the questions given below.History of Industry in India dates back to the history of mankind. India’s handicrafts manufactured in village huts and houses all over the country were prized in foreign countries. Working on the locally available raw materials and with the skills and tools handed over to them by their forefathers, the village artisans produced products of high aesthetic quality with ease and efficiency. Generations of such workers provided India with a long and glorious tradition of artistic handicrafts of a varied nature. Among all the industries of early times, the textiles, especially the cotton textile industry, had the place of pride both in India and in the outside world. There is enough evidence to show that the Indians knew weaving some 1,500 years before Christ, when the Europeans were still covering themselves with animal skins. Pyrard, the 17th century Portuguese writer has recorded that everyone from the Cape of Good Hope to China was clothed from head to foot in Indian made garments. The fine Dhaka muslin was the envy of the world for centuries together. Iron and Steel industry was also in advanced stage at that time. The iron column near Qutab Minar in Delhi is standing in the open and is exposed to sun, rain and weathering over 1,500 years old and it still looks fresh. It seems that this column will continue to stand there till eternity. This rare monument is a testimony to the forging and fabricating ingenuity of ancient India. It is believed that the famous Damascus swords were made from steel imported from India. In addition to cotton textiles and steel industries; wood, stone and ivory carvings, silk textiles, pottery, bronze, brass, silver and copper works, dyeing and calico printing were also famous throughout the world. Industrial Revolution in Europe resulted in modern factories. With this the scale of manufacturing goods increased tremendously leading to mechanisation. As a result migration of workers occurred from villages to cities. The barter system of goods with goods came to an end, exchange of goods with money started. It is correct that a revolution occurred in the manufacturing sphere but the traditional village handicrafts and cottage industries witnessed their death toll. Thousands of artisans were rendered jobless as their manufacturers could not compete with the fine and low cost goods manufactured in modern industries. A near chaos prevailed in villages. Goldsmiths, blacksmiths and weavers began to starve. Thus, modern industry eroded the strong traditional industrial base.The decline of the traditional industry and the rise of the modern industry in India were neither simultaneous nor casually connected. The beginning of modern large scale industry in India dates back to 1830 when the first charcoal fired iron making was attempted in Tamil Nadu. However, this venture collapsed in 1866. Therefore, the real beginning of the modern industry in India is recognised with the establishment of cotton textile industry at Mumbai in 1854. This industry grew tremendously in 1870s due to a spurt in demand in the wake of the American Civil War. By 1875-76, the number of cotton textile mills rose to 47. The first jute mill was set up at Rishra near Kolkata in 1855. Since the geographical conditions were very much favourable for jute industry in the Hugli basin, this industry flourished well and there were 64 mills in 1913-14, providing employment to over two lakh persons. Among the other industries which appeared on the industrial scene of India before the outbreak of World War I in 1914 were woollen textiles, paper and breweries. The main industrial centres were port cities of Mumbai, Kolkata and Chennai. This pattern of industrial location was conceived by the British rulers to facilitate imports and exports. The sole inland industrial centre of any consequence was Kanpur, the base of military equipment production. Indian industries made rapid strides during the First World War (1914-18) due to rise in demand for industrial goods by the Armed Forces. However, the real spurt was provided by the Indian Fiscal Commission set up in 1921-22. This gave the much needed protection to industries like iron and steel, textiles, cement, sugar, paper and metals. One of the most prominent features of Indian industrial scene during this period was the dispersal of cotton textile industry away from Mumbai. In 1875-76, 61.7 per cent of cotton textile mills were located in Mumbai and by 1938-39 only 17.5% per cent of the mills remained in Mumbai. In fact this industry gained a lot as a result of war. On the eve of the war, India had emerged as the fourth largest cotton manufacturing country next to the USA, the U.K. and Japan in that order. Jute industry on the other hand, continued to concentrate in the Hugli basin only. However, the number of jute mills rose from 64 in 1913-14 to 107 in 1938-39.While Indian industry prospered during World War I, the Second World War created problems for Indian industry. India became an active participant in war and the entry of Japan in the hostilities brought war to India’s doorstep. However, the impact of war was short-lived and the industry was quick to recover from the initial shock and exploited the opportunities offered by the war.A programme costing Rs. 4 crore for the manufacture of armaments and explosives was launched in 1941 to meet the immediate requirements of war. The ordinance factories started producing 700 varieties of ammunition. There were pressing demands to meet the civilian requirements too. With this object in view, heavy chemical industry was started in 1941 and the production of sulphuric acid, synthetic ammonia, caustic soda, chlorine and bleaching powder commenced. The Hindustan Aircraft Company also assembled its first aircraft in 1941. Metal fabricating industries such as copper were also initiated. A wide variety of engineering industries like machine tools, machinery manufacture in respect of cotton, tea, and oil processing industries, electrical equipment, vanaspati manufacturing, power, alcohol, synthetic resin and plastic industries also flourished. However, some other industries including diesel engines, pumps, sewing machines and electric fans suffered a setback. By and large, the performance of individual industries varied considerably.Q. What shows that India not only produced goods but also sold them in foreign markets?

View answer

Top Courses for Banking ExamsView all

Lucent for GK

Current Affairs & Hindu Analysis: Daily, Weekly & Monthly

General Awareness & Knowledge

Tips & Tricks for Government Exams

Improve Your Calculations: Vedic Maths (English)

Top Courses for Banking Exams

View all

The following items consist of two statements, one labelled as , "Assertion A" and the other labelled as "Reason R". You are to examine these two statements carefully and decide if the Assertion A and the Reason R are individually true and if so, whether the Reason is a correct explanation of the Assertion. Select your answers to these items using the codes given below and mark your answer sheet accordingly. Assertion (A) : In India, the traditional small-scale industries have greater employment potential than the modern small-scale industries. Reason (R) : The value of capital per worker in traditional small-scale industries is smaller than the value of capital per worker in the modern small-scale industries.a)Both A and R are true and R is the correct explanation of A.b)Both A and R are true and R is not a correct explanation of A.c)A is true but R is falsed)A is false but R is trueCorrect answer is option 'A'. Can you explain this answer?

Share with a Friend

Answer this doubt

Question Description
The following items consist of two statements, one labelled as , "Assertion A" and the other labelled as "Reason R". You are to examine these two statements carefully and decide if the Assertion A and the Reason R are individually true and if so, whether the Reason is a correct explanation of the Assertion. Select your answers to these items using the codes given below and mark your answer sheet accordingly. Assertion (A) : In India, the traditional small-scale industries have greater employment potential than the modern small-scale industries. Reason (R) : The value of capital per worker in traditional small-scale industries is smaller than the value of capital per worker in the modern small-scale industries.a)Both A and R are true and R is the correct explanation of A.b)Both A and R are true and R is not a correct explanation of A.c)A is true but R is falsed)A is false but R is trueCorrect answer is option 'A'. Can you explain this answer? for Banking Exams 2024 is part of Banking Exams preparation. The Question and answers have been prepared according to the Banking Exams exam syllabus. Information about The following items consist of two statements, one labelled as , "Assertion A" and the other labelled as "Reason R". You are to examine these two statements carefully and decide if the Assertion A and the Reason R are individually true and if so, whether the Reason is a correct explanation of the Assertion. Select your answers to these items using the codes given below and mark your answer sheet accordingly. Assertion (A) : In India, the traditional small-scale industries have greater employment potential than the modern small-scale industries. Reason (R) : The value of capital per worker in traditional small-scale industries is smaller than the value of capital per worker in the modern small-scale industries.a)Both A and R are true and R is the correct explanation of A.b)Both A and R are true and R is not a correct explanation of A.c)A is true but R is falsed)A is false but R is trueCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for Banking Exams 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The following items consist of two statements, one labelled as , "Assertion A" and the other labelled as "Reason R". You are to examine these two statements carefully and decide if the Assertion A and the Reason R are individually true and if so, whether the Reason is a correct explanation of the Assertion. Select your answers to these items using the codes given below and mark your answer sheet accordingly. Assertion (A) : In India, the traditional small-scale industries have greater employment potential than the modern small-scale industries. Reason (R) : The value of capital per worker in traditional small-scale industries is smaller than the value of capital per worker in the modern small-scale industries.a)Both A and R are true and R is the correct explanation of A.b)Both A and R are true and R is not a correct explanation of A.c)A is true but R is falsed)A is false but R is trueCorrect answer is option 'A'. Can you explain this answer?.

Solutions for The following items consist of two statements, one labelled as , "Assertion A" and the other labelled as "Reason R". You are to examine these two statements carefully and decide if the Assertion A and the Reason R are individually true and if so, whether the Reason is a correct explanation of the Assertion. Select your answers to these items using the codes given below and mark your answer sheet accordingly. Assertion (A) : In India, the traditional small-scale industries have greater employment potential than the modern small-scale industries. Reason (R) : The value of capital per worker in traditional small-scale industries is smaller than the value of capital per worker in the modern small-scale industries.a)Both A and R are true and R is the correct explanation of A.b)Both A and R are true and R is not a correct explanation of A.c)A is true but R is falsed)A is false but R is trueCorrect answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for Banking Exams. Download more important topics, notes, lectures and mock test series for Banking Exams Exam by signing up for free.

Here you can find the meaning of The following items consist of two statements, one labelled as , "Assertion A" and the other labelled as "Reason R". You are to examine these two statements carefully and decide if the Assertion A and the Reason R are individually true and if so, whether the Reason is a correct explanation of the Assertion. Select your answers to these items using the codes given below and mark your answer sheet accordingly. Assertion (A) : In India, the traditional small-scale industries have greater employment potential than the modern small-scale industries. Reason (R) : The value of capital per worker in traditional small-scale industries is smaller than the value of capital per worker in the modern small-scale industries.a)Both A and R are true and R is the correct explanation of A.b)Both A and R are true and R is not a correct explanation of A.c)A is true but R is falsed)A is false but R is trueCorrect answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of The following items consist of two statements, one labelled as , "Assertion A" and the other labelled as "Reason R". You are to examine these two statements carefully and decide if the Assertion A and the Reason R are individually true and if so, whether the Reason is a correct explanation of the Assertion. Select your answers to these items using the codes given below and mark your answer sheet accordingly. Assertion (A) : In India, the traditional small-scale industries have greater employment potential than the modern small-scale industries. Reason (R) : The value of capital per worker in traditional small-scale industries is smaller than the value of capital per worker in the modern small-scale industries.a)Both A and R are true and R is the correct explanation of A.b)Both A and R are true and R is not a correct explanation of A.c)A is true but R is falsed)A is false but R is trueCorrect answer is option 'A'. Can you explain this answer?, a detailed solution for The following items consist of two statements, one labelled as , "Assertion A" and the other labelled as "Reason R". You are to examine these two statements carefully and decide if the Assertion A and the Reason R are individually true and if so, whether the Reason is a correct explanation of the Assertion. Select your answers to these items using the codes given below and mark your answer sheet accordingly. Assertion (A) : In India, the traditional small-scale industries have greater employment potential than the modern small-scale industries. Reason (R) : The value of capital per worker in traditional small-scale industries is smaller than the value of capital per worker in the modern small-scale industries.a)Both A and R are true and R is the correct explanation of A.b)Both A and R are true and R is not a correct explanation of A.c)A is true but R is falsed)A is false but R is trueCorrect answer is option 'A'. Can you explain this answer? has been provided alongside types of The following items consist of two statements, one labelled as , "Assertion A" and the other labelled as "Reason R". You are to examine these two statements carefully and decide if the Assertion A and the Reason R are individually true and if so, whether the Reason is a correct explanation of the Assertion. Select your answers to these items using the codes given below and mark your answer sheet accordingly. Assertion (A) : In India, the traditional small-scale industries have greater employment potential than the modern small-scale industries. Reason (R) : The value of capital per worker in traditional small-scale industries is smaller than the value of capital per worker in the modern small-scale industries.a)Both A and R are true and R is the correct explanation of A.b)Both A and R are true and R is not a correct explanation of A.c)A is true but R is falsed)A is false but R is trueCorrect answer is option 'A'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice The following items consist of two statements, one labelled as , "Assertion A" and the other labelled as "Reason R". You are to examine these two statements carefully and decide if the Assertion A and the Reason R are individually true and if so, whether the Reason is a correct explanation of the Assertion. Select your answers to these items using the codes given below and mark your answer sheet accordingly. Assertion (A) : In India, the traditional small-scale industries have greater employment potential than the modern small-scale industries. Reason (R) : The value of capital per worker in traditional small-scale industries is smaller than the value of capital per worker in the modern small-scale industries.a)Both A and R are true and R is the correct explanation of A.b)Both A and R are true and R is not a correct explanation of A.c)A is true but R is falsed)A is false but R is trueCorrect answer is option 'A'. Can you explain this answer? tests, examples and also practice Banking Exams tests.

Explore Courses for Banking Exams exam