GENERAL KNOWLEDGE

GK

INDIAN ECONOMY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
India’s jute industry suffered heavily due to ____ after partition.
A
Lack of Raw Material
B
Famines
C
Earthquakes
D
None of these
Explanation: 

Detailed explanation-1: -After partition of Bengal into East Pakistan which is now Bangladesh, all the jute growing areas went over to Bangladesh and India was left with jute mills . Due to this partition there was a tremendous shortage of raw material for the jute mills.

Detailed explanation-2: -Jute industry was adversely affected due to the partition of India because of the following reasons: (a) The whole of the jute-producing area became part of East Pakistan (now Bangladesh); (b) India’s jute industry suffered heavily due to a lack of raw materials.

Detailed explanation-3: -World market rivalry:-India’s jute industry is facing stiff competition from countries such as Bangladesh, Thailand, Brazil, Egypt, etc., which sell very cheap jute products. Competition from substitutes:-Jute products have been replaced by products made from synthetic fibres.

Detailed explanation-4: -Partition of the country in 1947 had affected the jute industry since the jute growing areas were present in East Pakistan (now Bangladesh) while the jute mills were in India. India has to import raw jute from Bangladesh in order to run the jute mills.

There is 1 question to complete.