Indian Economy - II

True or False: Industrialisation in India began in the mid 20th century.

• False
• True

The first phase of India's industrialisation focused on heavy industries such as iron, steel, and machine-building sectors.

• False
• True

The second phase of India's industrialisation saw a continuous increase in production growth rates.

• False
• True

Industrialisation in India has primarily led to a decrease in the standard of living for the majority of people.

• False
• True

The third phase of India's industrialisation spanned from 1981 to 1991.

• False
• True

Lack of skilled personnel is not considered a problem for industrial development in India.

• False
• True

Industrialisation has no impact on the development of other sectors like agriculture and transport.

• False
• True

Regional imbalances in industrial development have not been a concern for India.

• False
• True

The textile industry is the largest single industry in India.

• False
• True

The Indian Iron and Steel Company (ISCO) was established by Tata Group.

• False
• True