Discussion
Indian granite industry is in peril in the absence of a uniform policy from the State Governments, despite the
thrust given by liberalisation policies of the Union Government in the last two years. Compared to the remark-
-able progress in the field during the last three years, the absence of matching policies by State Governments
had put granite quarry owners and others involved in the industry on the verge of collapse in the international
market. The policies differed from state to state, had created problems as far as loyalty, dead rent and duration
of lease were concerned.
Till three years ago. granite production in India was not profitable
Answer: A
Correct answer: Data inadequate
The passage speaks of remarkable progress in the field during the last three years. It says nothing at all about the state of the industry before that period, and progress over three years does not tell you what came before - the industry might have been modestly profitable, or barely existent. Profitability is never mentioned, so the statement cannot be judged.
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