Which of the following is a consumer industry?

This question was previously asked in
Bihar STET TGT (Social Science) Official Paper-I (Held On: 18 Sept, 2023 Shift 6)
View all Bihar STET Papers >
  1. petrochemicals
  2. iron steel
  3. sugar industry
  4. Chittaranjan Locomotive

Answer (Detailed Solution Below)

Option 3 : sugar industry
Free
Bihar STET Paper 1 Mathematics Full Test 1
13.7 K Users
150 Questions 150 Marks 150 Mins

Detailed Solution

Download Solution PDF

The correct answer is Sugar.

Key Points

  • The consumer good industry is a category of stocks and companies that relate to items purchased by individuals and households for their own use.
  • The consumer goods industry produces things for direct consumer use, meaning that the final goods produced by this industry, such as Sugar, toothpaste, paper, textiles, etc.
  • There are four types of consumer goods:
    • convenience products.
    • purchasing goods
    • Unsought goods.
    • speciality goods

Additional Information

  • Capital goods Industry
    • The capital goods industry refers to a group of companies that manufacture and distribute machinery and tools to the other companies.
    • Examples of capital goods industries are petrochemicals, iron steel, Chittaranjan Locomotive.
    • These devices and equipment are used by other businesses to produce their own goods.
    • Any country's capital goods industry sector is directly correlated with the prevailing economic conditions in that country.
Latest Bihar STET Updates

Last updated on Jan 29, 2025

-> The Bihar STET 2025 Notification will be released soon.

->  The written exam will consist of  Paper-I and Paper-II  of 150 marks each. 

-> The candidates should go through the Bihar STET selection process to have an idea of the selection procedure in detail.

-> For revision and practice for the exam, solve Bihar STET Previous Year Papers.

Get Free Access Now
Hot Links: teen patti master 2025 teen patti earning app teen patti master old version teen patti wealth