New Enroll in our GIC Finance Online Course Here!

    Register

    Question

    With reference to term 'White Good' seen sometime in

    news, which of the following statements is correct
    A White goods are big consumer appliances which Traditionally were available only in white colour Correct Answer Incorrect Answer
    B White goods are those electronic goods which are exclusively imported into India Correct Answer Incorrect Answer
    C White goods is a term used to refer to Industrial revolution in Europe, associated with production of cotton Correct Answer Incorrect Answer
    D White goods refer to raw dairy products which are not usually refrigerated and should be consumed in short duration of time Correct Answer Incorrect Answer

    Solution

    The Union Cabinet approved the Production Linked Incentive (PLI) Scheme for White Goods (Air Conditioners and LED Lights) with a budgetary outlay of Rs. 6,238 crore. ● Option A is Correct -: White goods are large home appliances such as refrigerators, washing machines and dryers, freezers, air conditioners and LEDs, which were traditionally available only in white. Even though you can purchase them today in a wide range of different colors, they continue being called white goods. Major appliances – consumer durables made of enamel-coated sheet steel – are the same as white goods ● Brown Goods: Brown goods are relatively light electronic consumer durables such as computers, digital media players, TVs and radios.

    Practice Next

    Relevant for Exams: