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

Answer: (b)

NHAI is giving the already public-funded/constructed highway projects through the TOT model to private players.

NHAI is transferring these operational projects on a long-term lease basis to domestic and foreign investors so that it can use the upfront receivables exclusively for funding the construction of other/new highways.

Under Toll-Operate-Transfer (TOT) model, the bidder quoting the maximum upfront amount (to be given to NHAI) wins the bid.

The successful bidder will be responsible to collect the toll for the lease period (generally for 30 years) and will operate and maintain the road. (It is a PPP model)

Answer: (b)

Rashtriya Ispat Nigam Ltd (Vizag Steel) was established in 1982 in collaboration with the former USSR and Germany.

It is one of the Navratna companies and has achieved plant level certification in the “5S” Work Place Management System.

It is the first 5S certified public sector enterprise in the steel industry.

Answer: (a)

Answer: (a)

Tiruppur is the “knitwear capital” of India. It has spurred up the textile industry in India for the past three decades. It contributes to a huge amount of foreign exchange in India. The city exports Rs. 120 billion worth of goods. Netaji Apparel Park has 53 companies manufacturing knitwear for exports.

Each unit will be a model to answer the requirements of international standards in all aspects. In addition to an investment of 920 million on infrastructure and factory buildings, about 3 billion is being invested in machinery. The NAP presently provides employment to 15,000 people and generates export revenue of Rs. 15 billion from the apparel produced in it.

There are about 3000 sewing units, 1326 knitting units, 730 dyeing units and other ancillary units. Some of the world’s largest retailers including C&A, Switcher SA, Walmart, Primark, Oviesse, Switcher, Polo Ralph Lauren, Diesel, Tommy Hilfiger, M&S, FILA, H&M, Reebok import textiles and clothing from Tirupur.

Answer: (d)

Small Industries Development Bank of India (SIDBI) 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.

Answer: (d)

Dyestuff sector is one of the important segments of chemical industry.

Chemical industry is one of the oldest industries in India.

The maximum consumption of dyestuffs is in Textile industry.