industries manufacturing & service sectors section 1 MCQ Questions & Answers Detailed Explanation

Answer: (d)

Indian Oil Corporation is one of the seven Maharatna status companies of India.

Maharatna PSU has an investment ceiling from Rs 1,000 to Rs. 5,000 crores and can invest up to 15% of their net worth in a project.

AAI is a mini Ratna The Navaratna companies could invest up to Rs. 1,000 crores without explicit government approval.

Answer: (d)

Share of Gold imports in total merchandise imports is around 6.4%.

Share of POL imports in total merchandise imports is round 26%.

But both shares have fluctuated.

Answer: (b)

Durgapur Steel Plant, SAIL, was set up with the British collaboration in the late fifties with an initial capacity of one million tonnes of crude steel per annum.

Answer: (d)

Answer: (c)

Credit Rating Agencies (CRAs) are regulated by SEBI.

In light of the COVID-19 crisis, SEBI directed CRAs that, if the default by the companies (which are listed on the exchange and which has been provided Credit Rating by any of the CRAs) is solely due to COVID-19 LOCKDOWN then the CRAs should not recognize it as a DEFAULT and should not degrade their rating.

The definition of NPA is given by RBI for financial institutions regulated by RBI like banks and NBFCs. But some (financial institutions) like Mutual Funds, Exchange Traded Funds (ETFs), are also regulated by SEBI for which NPA definition has been given by SEBI.

Answer: (a)

The Millenium Development Goals focus on developing countries.

There is one exception :

MDG number 8 on developing a global partnership for development, which includes commitments for developed countries to help developing countries.

An important difference is that the sustainable Development Goals are meant to apply to all countries, including developed countries.

Another difference is that the sustainable Development Goals are explicitly meant to include the three dimensions of sustainable development economic, social and environmental.