industries manufacturing & service sectors section 2 MCQ Questions & Answers Detailed Explanation

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

Questions : GCIL—an American company of chemical sector has been acquired by—

(a) Birla group

(b) Reliance group

(c) Shriram group

(d) Tata group

The correct answers to the above question in:

Answer: (d)

GCIL—an American company of chemical sector has been acquired by Tata Group.

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

Question : 1

What is CRISIL ?

a) Depository

b) Bank

c) Credit Rating Agency

d) Insurance Company

Answer: (c)

CRISIL is the Credit Rating Agency of India. CRISIL’s majority shareholder is Standard and Poor’s (S&P).

Question : 2

What is/are the recent policy initiative of the government of India to promote the growth of the manufacturing sector?

  1. Setting up of National Investment and Manufacturing Zones.
  2. Providing the benefit of single window clearance.
  3. Establishing the technology acquisition and development fund.
Select the correct answer using the codes given below :

a) 1 and 3

b) 2 and 3

c) 2 only

d) 1, 2 and 3

Answer: (d)

The recent policy initiative of the government of India to promote the growth of the manufacturing sector is setting up

  1. National Investment and manufacturing zones,
  2. providing the benefit of single window clearance and establishing the technology acquisition and development.

Question : 3

In which city the third film festival of SAARC countries was held in May 2013?

a) Islamabad

b) New Delhi

c) Colombo

d) Mumbai

Answer: (c)

The third film festival of SAARC countries was held in May 2013 in Colombo.

India bagged three top awards including best feature film, Best Director and Special Jury Certificate of Recognition at the event.

Question : 4

The base of Consumer Price Index for Industrial Workers is being shifted from 1982 to—

a) 2000

b) 1995

c) 2001

d) 998

Answer: (c)

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