industries manufacturing & service sectors section 4 MCQ Questions & Answers Detailed Explanation
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The following question based on Industries, Manufacturing & Service Sectors topic of indian economy mcq
(a) Which improve exports performance of the country.
(b) Which are small scale industries
(c) Which are well developed and have ample scope for future development.
(d) Which have high growth potential and meet future requirements of the economy.
The correct answers to the above question in:
Answer: (d)
Sunrise industries are industries which have high growth potential and meet future requirements of the economy.
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Question : 1
Debenture holders of a company are its
a) creditors
b) debtors
c) shareholders
d) directors
Answer »Answer: (c)
A person having the debentures is called a debenture holder whereas a person holding the shares is called a shareholder. A shareholder subscribes to the shares of a company.
Shares are the parts of share capital. On the other hand, debenture-holders are the subscribers to debentures. Debentures are part of loans.
A shareholder or member is the joint owner of a company, but a debenture holder is only a creditor of the company.
Question : 2
Consider the following factors:
- High Investment in industries
- Expanding market for product
- Dynamic entrepreneurship
a) 1, 2 & 3
b) 1 & 2
c) Only 1
d) 2 & 3
Answer »Answer: (a)
Question : 3
Which is not included in 8 core sectors in India?
a) Electricity
b) Coal
c) Fertiliser
d) Chemical
Answer »Answer: (d)
Eight Core sectors in India include Coal, Crude Oil, Natural Gas, Refinery Products, Fertilizers, Steel, Cement and Electricity. Chemical is not included in this Sector.
Question : 4
Who among the following is elected as a chairman of IBA consecutively for second term in June 2013?
a) Alok Mishra
b) K.R. Kamath
c) R.M. Mallya
d) G. Srinivasan
Answer »Answer: (b)
Indian Banks’ Association (IBA), formed on 26 September 1946 as a representative body of management of banking in India.
K.R. Kamath was elected as a chairman of IBA consecutively for the second term in June 2013. He has been working since 1/10/2012 after chairman Alok K Misra, CMD of Bank of India.
Other notable chairmen include M. D. Mallya of Bank of Baroda, V. P. Shetty, M. V. Nair, Rashid Jilani and O P Bhatt.
Question : 5
On which date is the establishment of State Bank of India celebrated?
a) 1st July
b) 1st January
c) 15th October
d) 19th June
Answer »Answer: (a)
1st July is celebrated as the establishment date of the State Bank of India. On 1 July 1955, the Imperial Bank of India became the State Bank of India.
SBI is a multinational banking and financial services company based in India. It is a government-owned corporation with its headquarters in Mumbai.
It has assets of US$388 billion and 16,000 branches, including 190 foreign offices, making it the largest banking and financial services company in India by assets.
Question : 6
Consider the following statements :
- Small Industry Development Bank of India (SIDBI) was set up as a whole owned subsidiary of the RBI.
- SIDBI has taken over the responsibility of administering small industry development funds managed by the IDBI.
a) 2 only
b) Both 1 and 2
c) 1 only
d) Neither 1 nor 2
Answer »Answer: (a)
Small Industries Development Bank of India is a non-independent financial institution aimed to aid the growth and development of micro, small and medium-scale enterprises.
It was incorporated initially as a wholly-owned subsidiary of the Industrial Development Bank of India.
SIDBI has taken over the responsibility of administering small industry development funds managed by the IDBI.
GET Industries, Manufacturing & Service Sectors PRACTICE TEST EXERCISES
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industries manufacturing & service sectors section 2
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industries manufacturing & service sectors section 8
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industries manufacturing & service sectors section 10
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