Question
Download Solution PDFWhich 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)
Answer (Detailed Solution Below)
Option 3 : sugar industry
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Bihar STET Paper 1 Mathematics Full Test 1
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Detailed Solution
Download Solution PDFThe 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.
Last updated on Jan 29, 2025
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