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

Answer: (b)

All comes under the category of Maharatna.

Answer: (a)

During the last decade, the tertiary sector has shown remarkable expansion.

In the last decade, India has expanded maximum in providing services like IT, Telecommunication, Healthcare, Tourism which is contributing around 60% to GDP.

Primary Sectors - Primary activities are those which are based on natural resources. It is called the Agriculture sector. Examples - Types of crops, livestock rearing dairy farming, fishing.

Secondary Sectors - Secondary sector follows primary activities in which the natural products are changed to manufacture. It is called the Industrial sector.

Tertiary Sectors - Activities that assist the development of primary and secondary sectors are carried out. Generally, services are involved like doctors, teachers, lawyers, administrators. New services like IT, software company etc. have become important Tertiary activities.

Answer: (d)

The concept of the Common Services Centre (CSCs) was approved in 2006 as part of the National e-Governance Plan. CSCs are set up in a public-private partnership model, with a designated state agency being a franchisor of sorts for village-level entrepreneurs (VLEs) to set up centres.

VLEs must meet a set of minimum requirements. They must have passed a matriculation-level examination by a recognized board, be fluent in reading and writing the local language, and make arrangements for infrastructure. Presently there are close to 2,00,000 CSCs across India.

CSCs help people apply online for a range of services — passport registration, PAN cards and Aadhaar cards, banking correspondents, and a whole host of other certificates, and without them, people will have to visit a government office. CSC operators scan documents and upload them through a portal to the relevant government office that will then send back a completed certificate or card. They are like cyber cafes, except they connect only to Digital India.

CSCs are a cornerstone of the Digital India programme. They are the access points for the delivery of various electronic services to villages in India, thereby contributing to a digitally and financially inclusive society. CSCs are more than service delivery points in rural India. They are positioned as change agents, promoting rural entrepreneurship and building rural capacities and livelihoods. They are enablers of community participation and collective action for engendering social change through a bottom-up approach with a key focus on the rural citizen.

CSCs enable the three vision areas of the Digital India programme:

1. Digital Infrastructure as a core utility to every citizen
2. Governance and services on demand
3. Digital empowerment of citizens

Over the past three or four years, a huge number of these centres have added services like banking and insurance to their offerings.

In a sense, they are an organic response to the growth in demand for digitized government services that a piece of static State machinery cannot keep up with and the free market has seemingly ignored.

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: (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)

Sunrise industries are industries which have high growth potential and meet future requirements of the economy.