A Q.1. "Production and consumption of steel is Aoften regarded as the

1.	A Q.1. "Production and consumption of steel is Aoften regarded as the index of a country'sdevelopment". Examine the statement.Board Term-I. 20141
Answer» Ans :- Production and consumption of steel are often regarded as the index of a country's development as: 1) These enterprises act as the feeder industry whose commodities is used as raw material for different industries such as iron ore and steel scrap. 2) There is an extended requirement for steel for exports. 3) Greater steel production is responsible for the higher generation of capital machinery for establishing the prolific ability of the country. 4) Higher the generation and consumption of steel, grater will be the manufacture of thousands of decisive goods for utilization.

A Q.1. "Production and consumption of steel is Aoften regarded as the index of a country'sdevelopment". Examine the statement.Board Term-I. 20141

Answer»

Ans :- Production and consumption of steel are often regarded as the index of a country's development as:

1) These enterprises act as the feeder industry whose commodities is used as raw material for different industries such as iron ore and steel scrap.

2) There is an extended requirement for steel for exports.

3) Greater steel production is responsible for the higher generation of capital machinery for establishing the prolific ability of the country.

4) Higher the generation and consumption of steel, grater will be the manufacture of thousands of decisive goods for utilization.