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

Question : 1

In India, in the overall index of industrial production, the indices of eight core industries have a combined weight of 37-90%. Which of the following are among those eight core industries?

1. Cement
2. Fertilizers
3. Natural gas
4. Refinery products
5. Textiles

a) 1, 2, 3 and 4

b) 2, 3, 4 and 5

c) 1, 2, 3, 4 and 5

d) 2, 3 and 5

Question : 2

India’s first port-based Special Economic Zone named International Container Trans-shipment Terminal (ICTI) is being set-up at?

a) Goa

b) Kandla

c) Tuticorin

d) Kochi

Question : 3

In an oligopolistic or monopolistically competitive market, firms do not raise their prices because even a small price increase will lose many customers. Which among the following is the most suitable terms used for this concept ?

a) Swing Demand

b) Imperfect

c) Supracompetitive pricing

d) Kinked Demand

Question : 4

The theme for 2019-20 economic survey is:

a) Wealth creation

b) Domestic consumption led growth

c) Investment led growth

d) Welfare

Question : 5

Durgapur steel plant was set up in assistance of

a) rance

b) UK

c) USA

d) Germany

Question : 6

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