ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -Detailed Solution. The correct answer is gypsum.

Detailed explanation-2: -Notes: Glass Industry is not a raw material-localized industry because it does not depend on the availability of raw material in the local area in which it is set up.

Detailed explanation-3: -Raw Materials means goods, excluding equipment and machinery, purchased for use in manufacturing a product.

Detailed explanation-4: -Plant/tree-based – materials like vegetables, fruits, flowers, wood, resin, latex are obtained from plants and trees. Animal-based– materials like leather, meat, bones, milk, wool, silk are all obtained from animals. Mining-based– materials like minerals, metals, crude oil, coal, etc. 10-Apr-2020