industries manufacturing & service sectors section 3 MCQ Questions & Answers Detailed Explanation
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The following question based on Industries, Manufacturing & Service Sectors topic of indian economy mcq
(a) Power shortage
(b) Diversion of funds
(c) Mismanagement
(d) Wrong dividend policy
The correct answers to the above question in:
Answer: (a)
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Read more industries manufacturing service sectors Based Indian Economy Questions and Answers
Question : 1
Which statement is correct regarding road transport?
- India has one of the largest road networks in the world aggregating to about 3.62 million km at present.
- 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)
- 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
Answer »Answer: (d)
Question : 2
Which one of the following is a raw material oriented industry?
a) Petroleum industry
b) Sugar industry
c) Light engineering industry
d) Ship Industry
Answer »Answer: (a)
Crude oil is the basic raw material upon which all refinery processes are founded.
Question : 3
When was the “Package for Promotion of Micro and Small Enterprises” announced?
a) March 2009
b) August 2005
c) February 2007
d) November 2010
Answer »Answer: (c)
In February 2007, a “Package for Promotion of Micro and Small Enterprises” was announced.
This includes measures addressing concerns of credit, fiscal support, cluster-based development, infrastructure, technology, and marketing.
Capacity building of MSME Associations and support to women entrepreneurs are the other important attributes of this package.
Question : 4
CAPART is related with—
a) onsultant service of export promotion
b) Assisting and evaluating rural welfare programmes
c) ontrolling pollution in big industries
d) omputer hardware
Answer »Answer: (b)
Question : 5
Consider the following statements about Navratna company NALCO.
- It is Asia’s largest integrated aluminium complex.
- Soma Mondal has been appointed as the first female director of NALCO.
- 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
Answer »Answer: (b)
NALCO is Asia’s largest integrated aluminium complex. Previously, Ms Soma Mondal was working with the company as executive director (marketing) at Nalco’s corporate office.
It can invest up to Rs. 1,000 crores or 15% of its net worth on a single project without government approval.
Question : 6
Which among the following sectors contributes maximum excise revenue to Indian exchequer?
a) Steel industry
b) Aviation
c) Agriculture
d) Oil and gas
Answer »Answer: (d)
Oil and gas industry is the largest contributor to excise revenues in India followed by steel industry.
GET Industries, Manufacturing & Service Sectors PRACTICE TEST EXERCISES
industries manufacturing & service sectors section 1
industries manufacturing & service sectors section 2
industries manufacturing & service sectors section 3
industries manufacturing & service sectors section 4
industries manufacturing & service sectors section 5
industries manufacturing & service sectors section 6
industries manufacturing & service sectors section 7
industries manufacturing & service sectors section 8
industries manufacturing & service sectors section 9
industries manufacturing & service sectors section 10
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