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Q.

Choose the statement as true/false:

Petroleum refineries act as a “nodal industry.”

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a

True

b

False 

answer is A.

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Detailed Solution

The above statement is true
Petroleum refineries act as a “nodal industry.”
Nodal industries are those in charge of supplying raw materials to other industries. These other industries manufacture the products required by the nodal industries. Petroleum supplies fuel for heating and lighting, lubricants for machinery, raw materials for assembling businesses such as manufactured material manure and various synthetic enterprises, and manufacturing industries such as synthetic textile, fertiliser, and numerous chemical industries.
 
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Choose the statement as true/false:Petroleum refineries act as a “nodal industry.”