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

Question : 1

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

Question : 2

Who is the newly elected chairman of Life Insurance Corporation of India?

a) Thomas Matthew

b) S.K. Roy

c) Shashikant Sharma

d) D.K. Malhotra

Question : 3

Which one of the following is correctly matched based on Industry & Status?

a) IOC Navratna

b) Coal India Ltd. Mini-Ratna

c) SAIL Maharatna

d) BHEL Mini-Ratna

Question : 4

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 : 5

Despite having large reserves of coal, why does India import millions of tonnes of coal?

1. It is the policy of India to save its own coal reserves for future, and import it from other countries for the present use.
2. Most of the power plants in India are coal-based and they are not able to get sufficient supplies of coal from within the country.
3. Steel companies need large quantity of coking coal which has to be imported.

a) 1 and 3

b) 2 and 3

c) 1 only

d) 1, 2 and 3