A ‘Leading Industry’ should have the following characteristics.
A. It is a relatively new and dynamic industry with an advanced level of technology.
B. It is labour intensive and has a strong regional base.
C. It has high income elasticity of demand for its products.
D. It has strong inter-industry linkage with other sectors.
Answer:B
A ‘Leading Industry’ should have the following characteristics.
A. It is a relatively new and dynamic industry with an advanced level of technology. B. It is labour intensive and has a strong regional base. C. It has high income elasticity of demand for its products. D. It has strong inter-industry linkage with other sectors.