industries manufacturing & service sectors section 6 MCQ Questions & Answers Detailed Explanation

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The following question based on Industries, Manufacturing & Service Sectors topic of indian economy mcq

Questions : With the reference to the public sector undertaking in India, consider the following statements :
  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.
Which of the above statement(s) are correct ?

(a) 2 and 3

(b) 1 and 2

(c) 1 only

(d) 3 only

The correct answers to the above question in:

Answer: (c)

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Read more industries manufacturing service sectors Based Indian Economy Questions and Answers

Question : 1

The base year of present Consumer Price Index (CPI) for Urban Non-Manual Employees (CPI— UNME) is—

a) 1983-84

b) 1980-81

c) 1984-85

d) 1981-82

Answer: (c)

Question : 2

Consider the following statements:

  1. The per capita consumption of plastics in India is the highest in the world.
  2. The petrochemical industry in India gives a big boost to small scale industries.
Which of the statements given above is/are correct?

a) Both 1 and 2

b) 1 only

c) 2 only

d) Neither 1 nor 2

Answer: (c)

Per capita consumption of polymers products in the country during 2012- 13 was low at just 9.7 kg as compared to 109 kg in the USA, 45 kg in China and 32 kg in Brazil.

Thus India is not the highest consumer. The petrochemical industry in India gives a big boost to the small scale industries is the correct statement.

Question : 3

For which one of the following items, is Tirupur well known as a huge exporter to many parts of the world?

a) Leather Goods

b) Knitted Garments

c) Gems and Jewellery

d) Handicrafts

Answer: (b)

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 ` 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 investment of 920 million on infrastructure and factory buildings about 3 billion is being invested on machinery. The NAP presently provides employment to 15,000 people and generates export revenue of ` 15 billion from the apparels 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.

Question : 4

Which one of the following statement is incorrect?

a) India holds 3rd position in the production of salt in the world.

b) India is the second largest manufacturer of cement in the world.

c) India ranks 4th in the world in terms of production of ceramic tiles.

d) India is the second largest producer of cotton in the world after China.

Answer: (c)

India stands at the 3 rd position in the world in terms of the production of ceramic tiles.

Question : 5

Consider the following statements:

  1. The first modern steel producing unit was established at Kulti (W. Bengal) in 1874.
  2. Bhilai Steel Plant was established in 1955 with help of the USSR.
  3. Rourkela Steel Plant was established with the collaboration of the west Germany.
  4. Bokaro Steel Plant started taking shape in 1965 and its first Blast Furnace stared on 2nd October 1972.
Which of the statements are correct?

a) 1, 3 and 4

b) 1, 2, 3 and 4 all

c) 1, 2 and 3

d) 2, 3 and 4

Answer: (b)

The first notable attempt in the steel industry in India was made in 1874 when the Bengal Iron Works (BIW) came into being at Kulti, near Asansol in West Bengal.

The Bhilai Steel Plant, located in Bhilai, in the Indian state of Chhattisgarh, was set up with the help of the USSR in 1955.

SAILRourkela Steel Plant (RSP), located in Rourkela, Odisha the first integrated steel plant in the public sector in India, was set up with German collaboration with an installed capacity of 1 million tonnes in the 60s. Bokaro Steel Plant is located in the Bokaro district of Jharkhand.

It is the fourth integrated public sector steel plant in India built with Soviet help and its first Blast Furnace started on 2nd October 1972. It is the country’s first Swadeshi steel plant, built with maximum indigenous content.

Question : 6

Which one of the following is not correct about ‘plastic parks’?

a) These parks will help to develop biodegradable plastics

b) To increase competitiveness and investment in plastic sector is one of the objectives

c) This is a scheme too assist plastic industries in India

d) It emphasises environmentally sustainable growth in plastic sector with cluster development approach

Answer: (a)

The plastic park scheme envisages clusters of plastic industry operations including small and medium-sized enterprises and recycling operations.

These parks will provide raw materials, power and land for plastic companies. These parks are expected to generate huge direct and indirect employment.

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