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Q. |
Which one of the following industries is known as 'Sunrise Industry'? |
A. | Iron & Steel |
B. | Cotton Textile |
C. | Information Technology |
D. | Tea & Coffee |
Answer» C. Information Technology | |
Explanation: Sunrise industry is a colloquial term for a sector or business that is in its infancy, but is growing at a rapid pace. A sunrise industry is typically characterized by high growth rates, numerous start-ups and an abundance of venture capital funding. It is mostly used in the context of Information technology industry which has grown at great pace in the recent times. |
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