industries manufacturing & service sectors section 4 MCQ Questions & Answers Detailed Explanation

Question : 1

The term ‘bilateral netting’ is related to which of the following?

a) Power sector contracts

b) Inter-government contracts

c) Financial contracts

d) Tax avoidance related contracts

Question : 2

Consider the following statements :

1. MMTC limited is India’s largest international trading organisation.
2. Neelanchal Ispat Nigam Limited has been set up by MMTC jointly with the government of Odisha.

a) 2 only

b) Both 1 and 2

c) 1 only

d) Neither 1 nor 2

Question : 3

The policy of Special Economic Zone (SEZ) in India was implemented with effect from

a) Nov. 2000

b) Nov. 1998

c) Feb. 2002

d) Dec. 1999

Question : 4

Tourism industry in India is quite small compared to many other countries in terms of India’s potential and size. Which one of the following statements is correct in this regard?

a) For most of the months India is too hot for Western tourists to feel comfortable.

b) In India, the infrastructure required for attracting tourists is inadequate.

c) Distances in India are too far apart and its luxury hotels are too expensive for Western tourists.

d) Most of the picturesque resorts in India such as in the northeast and Kashmir are, for all practical purposes, out of bounds.

Question : 5

Tourism industries India is quite a small compared to many other countries in term of India potentials and size. Which one of the following statement is correct in this regard?

a) For most of the months India is too hot for western tourist to feel comfortable

b) In India the infrastructure required for attracting tourists is inadequate

c) Distances in India are too far apart and its luxury hotels are too expensive for western tourists

d) Most of the picturesque resort in India such as in North- East and Kashmir are, for all practical purposes, out of bounds

Question : 6

Consider the following statements regarding the ‘National Statistical Commission’ (NSC):

1. It was set up on the recommendations of the Rangarajan Commission
2. The Chief Statistician of India is the secretary to the commission

a) (i) only

b) Both (i) & (ii)

c) (ii) only

d) Neither (i) nor (ii)