Industries: Types, Policies and Industrial Production Data

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71. Which of the following is an example of a pro-business industrial policy?
a) Providing tax incentives for new industries
b) Imposing trade barriers to protect domestic industries
c) Nationalizing private companies
d) Restricting foreign direct investment (FDI)

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72. The aim of industrial policies is to:
a) Promote economic growth and development
b) Increase government control over industries
c) Stifle competition and protect domestic industries
d) None of the above

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73. Industrial policies can include measures to promote:
a) Infrastructure development
b) Access to finance for industries
c) Skilled workforce development
d) All of the above

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74. Industrial policies may involve:
a) Establishing industrial zones or clusters
b) Providing subsidies and grants to industries
c) Setting quality standards for products
d) All of the above

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75. Which of the following is an example of a knowledge-based industry?
a) Software industry
b) Textile industry
c) Mining industry
d) Agriculture industry

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