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

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The following question based on Industries, Manufacturing & Service Sectors topic of indian economy mcq

Questions : Which sector of Indian economy has shown remarkable expansion during the last decade?

(a) Tertiary sector

(b) Primary sector

(c) Secondary sector

(d) Mining sector

The correct answers to the above question in:

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.

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Read more industries manufacturing service sectors Based Indian Economy Questions and Answers

Question : 1

Consider the following statements regarding the "Common Services Centre (CSC)":

  1. They are part of the Digital India programme
  2. They are implemented on public-private partnership modal
  3. They are provided exclusively by the government
  4. They act as access points for the delivery of various electronic services
Select the correct answer using the code given below:

a) (i) & (ii) only

b) (iii) & (iv) only

c) (i) & (iii) only

d) (i), (ii) & (iv) only

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.

Question : 2

When development in economy takes place, the share of tertiary sector in national income

a) keeps on increasing

b) first falls and then rises

c) first rises and then falls

d) remains constant

Answer: (a)

When development in the economy takes place, the share of the tertiary sector in national income keeps on increasing because the tertiary sector is involved in services within and outside the country.

With development the disposable income of individuals income results in the growth of banking, trading, communication etc., both domestically and internationally.

Question : 3

Maruti views Tata Motors as a prominent competitor but does not view Volvo as a competitor. This type of competition in the market is known as

a) Production flow competition

b) Cost control competition

c) Product competition

d) None of these

Answer: (c)

Maruti views Tata motors as a prominent competitor but does not view Volvo as a competitor. This type of competition in the market is knwon as product competition because the companies are competing on the same and similar products.

Question : 4

Which one of the following is correctly matched? Industry Status

a) Coal India Ltd. Mini-Ratna

b) SAIL Maharatna

c) IOC Navratna

d) BHEL Mini-Ratna

Answer: (b)

All comes under the category of Maharatna.

Question : 5

urgapur steel plant was set up in assistance of

a) rance

b) UK

c) Germany

d) USA

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.

Question : 6

Consider the following statements with respect to India’s imports

  1. Share of Gold imports in total merchandise imports has steadily decreased in the last decade
  2. Share of Petroleum, Oil and Lubricants (POL) in total merchandise imports has steadily increased in the last decade
Select the correct answer using the code given below:

a) (i) only

b) Both (i) & (ii)

c) (ii) only

d) Neither (i) nor (ii)

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.

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