SSC MTS EXAM

SSC

INDIAN ECONOMY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Tele communication is sun rise industry in India.
A
True
B
False
C
Either true or false
D
Neither true nor false
Explanation: 

Detailed explanation-1: -The main sunrise industries are electronics and telecommunication.

Detailed explanation-2: -A sunrise industry is often characterized by a high degree of innovation, and its rapid emergence may threaten to push a competing industry sector into obsolescence which is already declining. The dynamic business market is referred to as a sunset business, owing to its poor long-term prospects.

Detailed explanation-3: -A sunrise industry is one that is new or relatively new, is growing fast, and is expected to become important in the future. Examples of sunrise industries include hydrogen fuel production, petrochemical industry, food processing industry, space tourism, and online encyclopedias.

There is 1 question to complete.