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

Question : 1

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 : 2

When was the “Package for Promotion of Micro and Small Enterprises” announced?

a) March 2009

b) August 2005

c) February 2007

d) November 2010

Question : 3

The philosophy of “Invisible hand” was given by:

a) Adam Smith

b) Milton Freidman

c) Karl Marx

d) John Maynard Keynes

Question : 4

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 : 5

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

Question : 6

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