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

Question : 1

Which of the following is not an internal factor for industrial sickness?

a) Power shortage

b) Diversion of funds

c) Mismanagement

d) Wrong dividend policy

Question : 2

Which statement is correct regarding road transport?

1. India has one of the largest road networks in the world aggregating to about 3.62 million km at present.
2. Three initiatives in the road sector were begun in recent years: The National Highway Development Project (NHDP), Pradhan Mantri Bharat Jodo Pariyojana (PMBJP) and Pradhan Mantri Gram Sadak Yojana (PMGSY)
3. NHDP dealt with building high-quality highways. The PNBJP dealt with linking up major cities to the NHDP Highways. The PMGSY addressed rural roads.

a) Only I

b) II & III

c) I & II

d) All the above

Question : 3

Which one of the following is a raw material oriented industry?

a) Petroleum industry

b) Sugar industry

c) Light engineering industry

d) Ship Industry

Question : 4

Consider the following statements about Navratna company NALCO.

1. It is Asia’s largest integrated aluminium complex.
2. Soma Mondal has been appointed as the first female director of NALCO.
3. It can invest up to Rs. 1,000 crores or 15% of net worth on a single project without government approval.

a) 2 and 3

b) 1, 2 and 3 all

c) 1 and 3

d) 1 and 2

Question : 5

Which among the following sectors contributes maximum excise revenue to Indian exchequer?

a) Steel industry

b) Aviation

c) Agriculture

d) Oil and gas

Question : 6

Which statement is correct regarding joint venture?

1. 15 industrial areas were put under this category.
2. This category also carried the provision of compulsory licensing.
3. This provision led to the establishment of the so-called ‘Licence- Quota- Permit raj’ in the economy.

a) Only I

b) II & III

c) I & II

d) All the above