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

Question : 1

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

Question : 2

Which statement is correct regarding Industrial Policy 1956?

1. The policy of 1956, for the first time, recognized the contribution of small scale industries in the growth of the Indian economy.
2. It laid stress on rational distribution of national income and effective utilization of resources.
3. This policy is considered one of the most important industrial policies of India as it decided the nature and scope of the Indian economy till the reforms of 1991.

a) All the above

b) II & III

c) I & II

d) Only I

Question : 3

NASSCOM is the organisation of companies of which sector?

a) Mobile phone service

b) Automobiles

c) Media

d) Information technology

Question : 4

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

Question : 5

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.

a) 2 and 3

b) 1 and 2

c) 1 only

d) 3 only

Question : 6

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.