Examlex

Solved

Which of the Few Industries to Be Allowed to Develop

question 43

Multiple Choice

Which of the few industries to be allowed to develop under British rule was started by Sir Dorabji Tata in India in 1907?


Definitions:

Conservation

The practice of preserving natural resources and protecting the environment for future generations.

Monopolists

Entities that are the sole providers of a product or service in a market, allowing them to control prices.

Competitive Market

A market structure characterized by many buyers and sellers, free entry and exit, and a homogeneous product, leading to price-taking behavior.

Interest Rates

The cost of borrowing money, typically expressed as a percentage of the principal, charged by lenders to borrowers for the use of funds.

Related Questions