industries manufacturing & service sectors section 4 MCQ Questions & Answers Detailed Explanation
MOST IMPORTANT indian economy mcq - 10 EXERCISES
-
500+ Indian Industries & Service Sectors GK MCQ For IBPS »
-
500+ Industry & Manufacturing Sectors GK Online MCQ Quiz »
-
New 599+ Indian Economy Trade & Commerce GK MCQ Quiz PDF »
-
Top Indian Manufacturing Industries GK MCQ Quiz For UPSC »
-
500+ Industries & Service Sector Question And Answer Test »
-
New 500+ Indian Secondary & Tertiary Sectors GK MCQ Test »
-
500+ Indian Manufacturing & Service Sector GK MCQ For SSC »
-
New 500+ Indian Economy Tertiary Sector GK MCQ Quiz PDF »
-
Top Industry & Manufacturing Sector Questions Answers PDF »
-
Top 1000+ Indian Service Sector GK MCQ Quiz PDF For IBPS »
The following question based on Industries, Manufacturing & Service Sectors topic of indian economy mcq
- Competition Commission of India (CCI) was established with effect from 14th october 2003.
- The goal is to combat the monopoly tendencies and faster the competition among public sector enterprises.
- CCI (Competition Commission of India) consists of a chairperson and 6 members appointed by the central government.
(a) 1 and 2
(b) 2 only
(c) 1 only
(d) All of the above
The correct answers to the above question in:
Answer: (d)
Competition Commission of India is a body of the government of India responsible for enforcing the Competition Act, 2002 throughout India and to prevent activities that have an adverse effect on competition in India. It was established on 14 October 2003.
The goal is to combat the monopoly tendencies and faster the competition among public sector enterprises. CCI (Competition Commission of India) consists of a chairperson and 6 members appointed by the central government.
Practice Industries, Manufacturing & Service Sectors (industries manufacturing & service sectors section 4) Online Quiz
Discuss Form
Read more industries manufacturing service sectors Based Indian Economy Questions and Answers
Question : 1
With reference to India, consider the following statements
- WPI is available on a monthly basis only.
- As compare to Consumer Price Index for the Industrial Worker (CPI-IW), the WPI gives less weightage to food articles.
a) Only 2
b) Both 1 and 2
c) Only 1
d) Neither 1 nor 2
Answer »Answer: (a)
This rise in wholesale food prices was not captured by WPI as the weightage for food articles is just 14.3% compared to 65% for manufactured products in this index.
On the other hand, the weightage for food is 57% in CPI items which captures the impact of food prices better. Further, wholesale prices do not take into account the substantial margins at the retail level, which tend to rise when there are shortages.
Question : 2
Which statement is incorrect regarding civil aviation?
- There are 20 scheduled airline operators using 334 aircraft.
- It is expected that another 350 aircraft will be added during the next five years.
- An Airport Economic Regulatory Authority (AERA) is being set up to ensure healthy competition among operators and settlement of disputes among operators as well as between them and passengers.
a) II & III
b) Only ii
c) I & II
d) All the above
Answer »Answer: (c)
An Airport Economic Regulatory Authority (AERA) is being set up to ensure healthy competition among operators and settlement of disputes among operators as well as between them and passengers.
Question : 3
‘World Investment Report’ is the annual report published by the International institution
a) WTO
b) World Bank
c) UNCTAD
d) IMF
Answer »Answer: (c)
‘World Investment Report’ is the annual report published by the UNCTAD. Each year the report covers the latest trends in foreign direct investment around the world and analyses in depth one selected topic related to foreign direct investment and development.
Question : 4
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 : 5
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 : 6
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.
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
Industries, Manufacturing & Service Sectors Shortcuts and Techniques with Examples
Verbal Reasoning
Question & Answer Quiz
Non Verbal Reasoning
Question & Answer Quiz
Quantitative Aptitude
Question & Answer Quiz
Computer MCQ
Question & Answer Quiz
General English
Question & Answer Quiz
History GK
Question & Answer Quiz
Polity GK
Question & Answer Quiz
Geography GK
Question & Answer Quiz
Economy GK
Question & Answer Quiz
General Awareness GK
Question & Answer Quiz
Recently Added Subject & Categories For All Competitive Exams
100+ Quadratic Equation Questions Answers PDF for Bank
Quadratic Equation multiple choice questions with detailed answers for IBPS RRB SO. more than 250 Attitude practice test exercises for all competitive exams
Continue Reading »
IBPS Aptitude Linear Equations MCQ Questions Answers PDF
Linear equations multiple choice questions with detailed answers for IBPS RRB SO. more than 250 Attitude practice test exercises for all competitive exams
Continue Reading »
New 100+ Compound Interest MCQ with Answers PDF for IBPS
Compound Interest verbal ability questions and answers solutions with PDF for IBPS RRB PO. Aptitude Objective MCQ Practice Exercises all competitive exams
Continue Reading »
100+ Mixture and Alligation MCQ Questions PDF for IBPS
Most importantly Mixture and Alligation multiple choice questions and answers with PDF for IBPS RRB PO. Aptitude MCQ Practice Exercises all Bank Exams
Continue Reading »