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

Question : 1

The moral case for CSR, i.e. that it is the right thing to do, is justified by which of the following arguments?

a) That the corporation is a legal creation and therefore cannot be a moral agent.

b) Business decisions will have social and environmental consequences which will be addressed by governments.

c) That the corporation is a creation of society and should therefore serve its needs.

d) Large corporations do not have the power or resources to address society’s problems.

Question : 2

ith reference to the Public Sector Undertakings in India, consider the following statement

1. Minerals and Metals Trading corporation of India Limited is the largest non-oil importer of the country.
2. Project and Equipment Corporation of India Limited is under the Ministry of Industry.
3. One of the objectives of Export Credit Guarantee Corporation of India Limited is to enforce quality control and compulsory pre-shipment inspection of various exportable commodities.

a) 2 and 3

b) 1 and 2

c) 1 only

d) 3 only

Question : 3

Token privatisation or deficit privatisation of public sector units occurs when the government sells

a) 49% of shares

b) 5% of shares

c) 10% of shares

d) 51% of shares

Question : 4

“Public Private Partnership Appraisal Committee (PPPAC)” is under which ministry/department?

a) Department of Economic Affairs (DEA)

b) Ministry of Road, Transport and Highways

c) Department of Investment and Public Asset Management (DIPAM)

d) Ministry of Railway

Question : 5

Consider the following statements about Rashtriya Ispat Nigam:

1. It is also known as Vizag Steel
2. It has been constructed with collaboration with the former USSR and Germany
3. It is a Navratna company
4. It is ‘5 S’ certified

a) 1, 3 and 4

b) 1, 2, 3 and 4

c) 1 and 2

d) 1, 2 and 3

Question : 6

Consider the following statements regarding the newly launched "Toll Operate-Transfer (TOT)" model in the road sector:

1. Toll revenue collection rights are auctioned to private players for long term
2. Toll revenue need to be shared with the government authority
3. Already constructed roads are given to private players

a) (i) only

b) (i) & (iii) only

c) (ii) only

d) (ii) & (ii) only