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
- Setting up of National Investment and Manufacturing Zones.
- Providing the benefit of single window clearance.
- Establishing the technology acquisition and development fund.
(a) 1 and 3
(b) 2 and 3
(c) 2 only
(d) 1, 2 and 3
The correct answers to the above question in:
Answer: (d)
The recent policy initiative of the government of India to promote the growth of the manufacturing sector is setting up
- National Investment and manufacturing zones,
- providing the benefit of single window clearance and establishing the technology acquisition and development.
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Read more industries manufacturing service sectors Based Indian Economy Questions and Answers
Question : 1
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 »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 : 2
For the location of which one of the following industries, the availability of raw material is not the primary consideration?
a) Electronics
b) Iron and Steel
c) Sugar
d) Cement
Answer »Answer: (a)
Question : 3
Consider the following statements regarding the SFURTI scheme:
- It is implemented by Ministry of MSME
- It promotes cluster-based development
a) (i) only
b) Both (i) & (ii)
c) (ii) only
d) Neither (i) nor (ii)
Answer »Answer: (b)
Ministry of MSME is implementing a ‘Scheme of Fund for Regeneration of Traditional Industries’ (SFURTI) Scheme under which financial support is being provided for setting up of traditional industries clusters viz. Khadi, Coir & Village industries clusters.
The objectives of the SFURTI Scheme are:
- To develop clusters of traditional industries in the country over a period of five years.
- To make traditional industries more competitive, market-driven, productive and profitable.
- To strengthen the local governance system of industry clusters, with the active participation of the local stakeholders, so that they are enabled to develop initiatives.
- To build up innovative and traditional skills, improved technologies, advanced processes, market intelligence and new models of public-private partnerships, so as to gradually replicate similar models of cluster-based regenerated traditional industries.
Question : 4
What is CRISIL ?
a) Depository
b) Bank
c) Credit Rating Agency
d) Insurance Company
Answer »Answer: (c)
CRISIL is the Credit Rating Agency of India. CRISIL’s majority shareholder is Standard and Poor’s (S&P).
Question : 5
GCIL—an American company of chemical sector has been acquired by—
a) Birla group
b) Reliance group
c) Shriram group
d) Tata group
Answer »Answer: (d)
GCIL—an American company of chemical sector has been acquired by Tata Group.
Question : 6
The base of Consumer Price Index for Industrial Workers is being shifted from 1982 to—
a) 2000
b) 1995
c) 2001
d) 998
Answer »Answer: (c)
GET Industries, Manufacturing & Service Sectors PRACTICE TEST EXERCISES
industries manufacturing & service sectors section 1
industries manufacturing & service sectors section 2
industries manufacturing & service sectors section 3
industries manufacturing & service sectors section 4
industries manufacturing & service sectors section 5
industries manufacturing & service sectors section 6
industries manufacturing & service sectors section 7
industries manufacturing & service sectors section 8
industries manufacturing & service sectors section 9
industries manufacturing & service sectors section 10
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