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Iron and steel industry is only in publi...

Iron and steel industry is only in public sector. Why?

Text Solution

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Because no investor is willing to invest in the heavy and bulky industries as the capital is huge and benefit is incurred in a long span of time.
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Knowledge Check

  • Where was the first iron and steel industry of India established?

    A
    Bhadravati
    B
    Burnpur
    C
    Jamshedpur
    D
    Bhilai

  • Read the following statements carefully : 1. In public sector of India, there are basic and heavy industries. 2. All industries of public sector are profit oriented. 3. Jobs are secured in the industries of public sector. Answer on the basis of following codes :

    A
    1 and 2 are true
    B
    1 and 3 are true
    C
    2 and 3 are true
    D
    1,2 and 3 are true

  • Read the following statements carefully : 1. In public sector of India there are basic and heavy industries. 2. All industries of public sector are profit oriented. 3. Jobs are secured in the industries of public sector. Answer on the basis of following codes:

    A
    1 and 2 are true
    B
    1 and 3 are true
    C
    2 and 3 are true
    D
    1, 2 and 3 are true

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    Why do you think that the iron and steel industry is basic to the industrial development of any company?

    1. Why do you think that the iron and steel industry is basic to the industrial development of any country?

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    In India first Iron and Steel Industry was established in which year?

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