industries manufacturing & service sectors section 5 MCQ Questions & Answers Detailed Explanation

Answer: (a)

The new RBI directive has created a new residential housing as a sub-sector of commercial real estate sector (CRE) to increase investments in residential housing sector by reducing the risk weigh.

Answer: (b)

There is no clear definition of what a shell company is in the Companies Act or any other Act. But typically, shell companies include multiple layers of companies that have been created for the purpose of diverting money or for money laundering or tax avoidance.

Most shell companies do not have any active business operations and they do not manufacture any product or deal in any product or render any service.

They are mostly used to make financial transactions. These types of corporations are not necessarily illegal, but they are sometimes used illegitimately such as to disguise business ownership from law enforcement or the public.

Generally, these companies hold assets only on paper and not in reality. These companies conduct almost no economic activity.

Answer: (d)

Construction Industry is not included in Manufacturing Sector.

Answer: (d)

All the above industrial clusters and the related locations are correctly matched.

Tirupur is famous for textiles, Kishangarh is famous for marbles, Surat is famous for Gems and Jewellery.

Answer: (b)

Answer: (b)

POSCO is a multinational steel making company headquartered in Pohang, South Korea. It is the world’s fourth largest steelmaker.