GK
INDIAN ECONOMY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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____ enjoyed a world wide market based on the reputation of the fine quality of material.
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handicraft industries
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capital goods
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zamindari system
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None of the above
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Explanation:
Detailed explanation-1: -India was well known for its handicraft industries in the fields of cotton and silk textiles, metal and precious stone works etc. These products enjoyed a worldwide market based on the reputation of the fine quality of material used and the high standards of craftsmanship seen in all imports from India.
Detailed explanation-2: -Market Overview: The India handicrafts market size reached US$ 3, 968.0 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 6, 218.4 Million by 2028, exhibiting a growth rate (CAGR) of 7.7% during 2023-2028.
Detailed explanation-3: -Ans. The popular fields of Indian handicrafts industry were cotton and silk textiles, metal and precious stone works, etc. Q. 2.
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