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Q.

State whether the given statement is true/false.


The information technology industry is often referred to as the ‘Sunrise industry’


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a

True

b

False 

answer is A.

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Detailed Solution

The above statement is true.
The information technology industry is often known as the "sunrise industry." It is a  new and expanding industry, particularly in electronics and telecommunications. The IT industry is referred to as an emerging industry because it has risen rapidly during the last ten years. It is still expanding and has a lot of potential to grow in the future. These industries are experiencing rapid expansion, venture capital funding, and many start-ups.
 
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