McqMate
| Q. |
Core Industries are - |
| A. | Basic industries |
| B. | Consumer goods industries |
| C. | Capital goods industries |
| D. | Government industries |
| Answer» A. Basic industries | |
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Explanation: Core Industries are those necessary industries in an economy that are necessary for industrialization of a country. Such industries include Machine tools, chemicals, power, steel, etc. The Planning Commission of India has defined them as industries "involving significant investments or foreign exchange." The Commission indicated that the core sector should include all t he basic strategic and critical industries, and no single criterion such as that of foreign exchange requirements should govern the definition of the core sector. |
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