Question : Which of the following statement is correct?
Statement 1: Grading refers to determining of standard regarding size quality design weight in respect of a particular product.
Statement 2: Standardization refers to ensure uniformity and consistency in output reducing the need for inspection testing and evolution of the products.
Option 1: Both are true
Option 2: Both are false
Option 3: Statement 1 is true and statement 2 is false.
Option 4: Statement 1 is false and statement 2 is true.
Correct Answer: Statement 1 is false and statement 2 is true.
Solution : Grading refers to ensure that the product belong to a particular quality and higher prices could be realised to for better quality products. Standardization refers to ensure uniformity and consistency in output reducing the need for inspection testing and evolution of the products.
Hence, option D is correct.
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