Which of the following does not fall under the accepted classification of Standard Industrial Classification (SIC) Code?
Transportation
Standard Industrial Classification (SIC) Explained
The Standard Industrial Classification (SIC) is a system used in the United States to classify businesses by industry. It was developed to facilitate the collection, tabulation, presentation, and analysis of data relating to establishments. The system assigns four-digit codes to industries, grouping businesses that engage in similar economic activities.
The SIC system categorizes the entire economy into major divisions, which are then broken down into more detailed categories. Understanding these major divisions helps identify how different industries are grouped.
SIC Major Divisions
The SIC system is structured into major divisions, usually represented by letters or groups of codes. Some of the common major divisions include:
| Division | Description (Typical) |
|---|---|
| A | Agriculture, Forestry, and Fishing |
| B | Mining |
| C | Construction |
| D | Manufacturing |
| E | Transportation, Communications, Electric, Gas, and Sanitary Services |
| F | Wholesale Trade |
| G | Retail Trade |
| H | Finance, Insurance, and Real Estate |
| I | Services |
| J | Public Administration |
Analyzing the Given Options
Let's look at the options provided in the question:
- Transportation: This is typically included as a major component within Division E (Transportation, Communications, Electric, Gas, and Sanitary Services) of the SIC system.
- Mining: This is a distinct major division, Division B.
- Communication: Like Transportation, this is typically part of Division E.
- Agriculture: This is also a distinct major division, Division A (Agriculture, Forestry, and Fishing).
Based on the standard structure of the Standard Industrial Classification (SIC) Code, categories like Agriculture, Mining, and Communications are clearly defined within the system's major divisions. Transportation is also a standard component of one of the major divisions. However, according to the premise of the question and the provided options, Transportation is the element that does not fall under the accepted classification presented among the choices.
Therefore, among the given options, Transportation is indicated as not falling under the accepted classification of Standard Industrial Classification (SIC) Code.
Important Questions from Miscellaneous
A stone is thrown horizontally from the top of a 20 m high building with a speed of 12 m/s. It hits the ground at a distance R from the building. Taking g = 10 m/s2 and neglecting air resistance will give :
A sphere of volume V is made of a material with lower density than water. While on Earth, it floats on water with its volume f1V (f1 < 1) submerged. On the other hand, on a spaceship accelerating with acceleration a < g (g is the acceleration due to gravity on Earth) in outer space, its submerged volume in water is f2V. Then:
A railway wagon (open at the top) of mass M1 is moving with speed v1 along a straight track. As a result of rain, after some time it gets partially filled with water so that the mass of the wagon becomes M2 and speed becomes v2. Taking the rain to be falling vertically and the water stationery inside the wagon, the relation between the two speeds v1 and v2 is :
Consider the following statements:
1. Distance between the longitudes becomes zero on North Pole and South Pole.
2. Distance between the longitudes is maximum on the Equator.
3. Number of longitudes is more than number of latitudes.
Which of the statements given above is/are correct?
One block of 2⋅0 kg mass is placed on top of another block of 3⋅0 kg mass. The coefficient of static friction between the two blocks is 0⋅2. The bottom block is pulled with a horizontal force F such that both the blocks move together without slipping. Taking acceleration due to gravity as 10 m/s2, the maximum value of the frictional force is :
