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

Question : 1

Consider the following statements about the Navaratna status industries.

1. Navaratna was originally assigned to nine public sector enterprises in 1997.
2. The number of PSEs (Public Sector Enterprises) having Navaratna status is now more than 15 industries.

a) 2 only

b) Both 1 and 2

c) 1 only

d) Neither 1 nor 2

Question : 2

Which among the following is the correct full form of SIDO?

a) Sick Industries Development Organization

b) State Industrial Development Organization

c) Small Industries Development Organization

d) Small Industries Development Office

Question : 3

Which is the most important company in machine tools?

a) Guindy Machine Tools

b) HMT Machine Tools

c) Praga Tools

d) PMT Machine Tools

Question : 4

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 : 5

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 : 6

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