industries manufacturing & service sectors section 3 MCQ Questions & Answers Detailed Explanation

Question : 1

Which statement is correct regarding railways?

1. The first train in India was started on a small rail route of 34 kilometres between Bombay and Thane on April 16, 1853.
2. The Indian Railway network has become the biggest railway in Asia and the third in the world
3. Within the freight segment, bulk traffic accounts for nearly 84% of revenue-earning freight traffic (in physical terms), of which about 44% is coal.

a) II & III

b) Only III

c) I & II

d) All the above

Question : 2

Division of labour often involves

1. specialized economic activity.
2. higly distinct productive roles.
3. involving everyone in many of the same activities.
4. individuals engage in only a single activity and are dependent on others to meet their various needs.

a) 3 only

b) 1, 3 and 4 only

c) 1, 2 and 4 only

d) 2 and 4 only

Question : 3

Arrange the following Acts in order in which they were enacted. Use the codes given below.

1. The Industrial Employment (Standing orders) Act.
2. The Indian Trade Unions Act
3. The Industrial Disputes Act
4. The Employment Exchange (Compulsory Notification) Act

a) 1, 2, 4, 3

b) 3, 4, 1, 2

c) 2, 1, 3, 4

d) 4, 3, 2, 1