SSC CHSL 2025 PYQ — Question 96

The correct answer is Option 4: The industry that manufactures machines and components.
Explanation:

• The Capital Goods Industry refers to those industries that produce machines, tools, and equipment used subsequently for the production of other goods. Simply put, it is the industry that creates the 'means of production.'
• These goods are not consumed directly by consumers; rather, they are utilized in other factories to manufacture finished products.

Key Characteristics of the Capital Goods Industry:

• Foundation for Other Industries: This industry serves as the backbone of any country's industrial development, as it supplies the manufacturing sector with essential machinery.
• Examples: Heavy machinery, power generation equipment, railway locomotives, machine tools, and construction equipment (such as cranes and earthmovers).
• Long-term Investment: Capital goods are expensive and possess a long operational lifespan.
• Its Significance in the Economy:
• Increased Productivity: The use of advanced machinery enhances both the speed and quality of production.
• Self-Reliance: A robust capital goods industry reduces a country's dependence on imports.
• Employment: This sector generates large-scale employment opportunities for skilled engineers and technicians.

Analysis of Other Options:
Option 2 (Food Products): This falls under the Consumer Goods Industry.
Option 3 (Agricultural Product Processing): This is classified as an Agro-based Industry.
Important Questions for Upcoming Examinations:
Question: Where is the 'Heavy Engineering Corporation Limited' (HEC) located in India?
Answer: Ranchi, Jharkhand.
Question: What type of industry does 'Bharat Heavy Electricals Limited' (BHEL) exemplify?
Answer: Capital Goods Industry (Manufacturing of Power Equipment).
Question: Which sector's development was accorded the highest priority in the Industrial Policy Resolution of 1956? Answer: Heavy and basic industries (capital goods industries).