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Read the data in the table given below and answer the questions that follow: Total production of finished steel in India Year Production (in million tonnes)

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Question

Read the data in the table given below and answer the questions that follow:

Total production of finished steel in India
Year Production (in million tonnes)
2015- 2016 106.60
2016-2017 120.14
2017- 2018 126.85
2018-2019 101.29
2019-2020 102.62

Compare the 2015-2016 and 2019-2020 data and give any one reason for the reduction of production of steel in 2019-2020.

Answer in Brief
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Solution

  1. High costs
  2. Limited availability of coking coal
  3. Lower productivity of labour
  4. Irregular supply of energy
  5. Any other relevant point
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Contribution of Industry to National Economy
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2021-2022 (March) Term 2 Sample

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Read the given case and answer the questions that follow:

Challenges faced by the Jute industry include stiff competition in the international market from synthetic substitutes and from other competitors like Bangladesh, Brazil, Philippines, Egypt and Thailand. However, the internal demand has been on the increase due to the Government policy of mandatory use of jute packaging. To stimulate demand, the products need to be diversified. In 2005, National Jute Policy was formulated with the objective of increasing productivity, improving quality, ensuring good prices to the jute farmers and enhancing the yield per hectare. The main markets are US.A., Canada, Russia, United Arab Republic, U.K. and Australia. The growing global concern for environment friendly, biodegradable materials, has once again opened the opportunity for jute products.
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