Which of the following industries are less sensitive to business cycle?

CA Foundation · Business Economics · MTP · June 2024
Which of the following industries are less sensitive to business cycle?
(A) A. Consumer Goods industry
(B) B. Durable Consumer goods industry
(C) C. Travel & tourism industry
(D) D. Food Grain Processing industries

Suggested Answer and Working Notes:

Correct Answer: Option (D)

D. Food Grain Processing industries

Topics: Determination of National Income

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