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

Answer: (a)

Recently, the foundation stone of a new Rail Coach Factory has been laid at Rai Bareli.

The factory will present the eco-friendly side of Indian Railways sporting smokeless chimneys and neutralising effluents from the plant.

As many as 14 types of coaches, including ‘AC double-decker day cars’ would roll out from the factory.

Answer: (c)

HAL, the government-owned corporation is primarily involved in the operations of the aerospace industry.

These include manufacturing and assembly of aircraft, navigation and related communication equipment.

Answer: (a)

India’s external debt, as of end-March 2013, was placed at US$ 390.0 billion showing an increase of USD 44.6 billion or 12.9 per cent over the level at end-March 2012.

The increase in total external debt during financial year 2012-13 was primarily on account of rise in short-term trade credit.

There has been sizeable rise in external commercial borrowings (ECBs) and rupee denominated Nonresident Indian deposits as well.

Answer: (d)

NASSCOM is the organisation of companies of Information Technology.

Answer: (a)

The policy of 1956, for the first time, recognized the contribution of small scale industries in the growth of the Indian economy. It laid stress on rational distribution of national income and effective utilization of resources.

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.

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.