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

Answer: (a)

Anna International Airport is located in Chennai of Tamil Nadu. First international airport to get ISO-9001-2000 certification.

Answer: (c)

Important Govt. of India Central Acts and Rules having Relevance to Biodiversity Conservation:

1. Fisheries Act, 1897,
2. Destructive Insects and Pests Act, 1914,
3. The Indian Forest Act, 1927,
4. Agricultural Produce (Grading and Marketing) Act, 1937,
5. Indian Coffee Act, 1942,
6. Import and Export (Control) Act, 1947,
7. Rubber (Production and Marketing) Act, 1947,
8. Tea Act, 1953,
9. Mining and Mineral Development (Regulation) Act, 1957,
10. Prevention of Cruelty to Animals Act, 1960,
11. Customs Act, 1962,
12. Cardamom Act, 1965,
13. Seeds Act, 1966,
14. The Patents Act, 1970,
15. Wildlife (Protection) Act, 1972,
16. Marine Products Export Development Authority Act,1972,
17. Water (Prevention and Control of Pollution) Act, 1974,
18. Tobacco Board Act, 1975,
19. Territorial Water, Continental Shelf, Exclusive Economic Zone and other Maritime Zones Act, 1976,
20. Water (Prevention and Control of Pollution) Cess Act, 1977,
21. Maritime Zones of India (Regulation and Fishing by Foreign Vessels) Act. 1980,
22. Forest (Conservation) Act, 1980,
23. Air (Prevention and Control of Pollution) Act, 1981,
24. Agricultural and Processed Food Products Export Development Authority Act, 1985/1986,
25. Environment (Protection) Act, 1986,
26. Spices Board Act, 1986,
27. National Dairy Development Board, 1987 etc.

Answer: (a)

OTCEI was incorporated in 1990 as a Section 25 company under the Companies Act 1956 and is recognized as a stock exchange under Section 4 of the Securities Contracts Regulation Act, 1956.

The Exchange was set up to aid enterprising promoters in raising finance for new projects in a cost-effective manner and to provide investors with a transparent & efficient mode of trading.

Answer: (a)

Answer: (a)

Exemption from licensing was allowed for all startups and for those with an investment worth Rs. 2.5 crores in fixed assets and a right to import up to 30% of the total value of plant and machinery.

The foreign equity investment was allowed up to 40%. Geographical restrictions and investment cap for small industries were removed.

Answer: (b)

According to the Second Five Year Plan the priorities were given in the production of iron and steel and heavy engineering and also to strengthen the oil exploration and coal.