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WBCS Main Examination 2023 — Paper V: Indian Constitution and Economy · Question 122 of 200

Q122
Indian EconomyIndustry, MSME & Infrastructure
Which of the following has registered a high rate of growth since the 1980s?
  1. a.Capital goods industries
  2. b.Consumer durable goods industries
  3. c.Intermediate goods industries
  4. d.Consumer non-durable goods industries

Answer: (B) Consumer durable goods industries

Liberalisation of the 1980s and rising middle-class demand made consumer durables (vehicles, electronics, appliances) the fastest-growing segment of Indian industry. Capital, intermediate and non-durable goods grew more slowly.

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