Social Science (087) — AI-generated practice question

A ceiling fan can be classified under multiple industrial categories simultaneously:

(i) Raw Materials Used: A ceiling fan uses metals (iron, copper, aluminium) sourced from minerals. Hence it is a mineral-based industry.

(ii) Capital Investment: If the manufacturing workshop's investment in assets is within ₹1 crore, it qualifies as a small-scale industry.

(iii) Ownership: The same workshop could be privately owned (by an individual/group), making it a private sector industry. If workers collectively own it, it becomes a cooperative sector industry.

Importance of Multiple Classification Systems:
Different classifications serve different purposes — raw material classification helps understand resource linkages; capital-based classification helps frame government policies for small industries; ownership-based classification helps in economic planning and regulation. Together, they give a complete picture of an industry's nature, needs, and role in the economy.

Source: Classification of Industries, Chapter 6

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• Examiners expect you to apply the classifications from the textbook to the given example (fan/workshop) — don't just list definitions.
• Each classification must be named correctly (mineral-based, small-scale, private/cooperative sector).
• The last part on importance is conceptual — link each system to its purpose (resource planning, policy-making, economic regulation).
• Avoid writing a general essay; use the fan as your anchor throughout.