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

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.

Answer: (a)

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:

1. To develop clusters of traditional industries in the country over a period of five years.
2. To make traditional industries more competitive, market-driven, productive and profitable.
3. 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.
4. 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.

Answer: (c)

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

Answer: (d)

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

Answer: (c)