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

Question : 1

OTCEI is—

a) An Indian Share Market

b) Atomic Submarine of China

c) A defence research organisation

d) Economic Policy of USA

Question : 2

Which of the following grants / grant direct credit assistance to rural households?

1. Regional Rural Banks
2. National Bank for Agriculture and Rural Development
3. Land Development Banks

a) 1 and 3 only

b) 2 only

c) 1 and 2 only

d) 1, 2 and 3

Question : 3

What were the modified policies of government after the 1950s?

1. Defence and strategic industries were to be the exclusive domain of the government.
2. Existing units in basic and key industries could continue in the private sector but no fresh private investment in these sectors was to be allowed.
3. Twenty important industries were allowed in the private sector but under the strict supervision of the state.
4. All industries not covered by the above three categories were allowed in the private sector under the general supervision of the state.

a) II & III

b) I & II

c) Only I

d) All the above

Question : 4

Anna International Airport is situated in which city?

a) Chennai

b) Coimbatore

c) Thiruvananthapuram

d) Kochi

Question : 5

Consider the following statements :

1. The first petrochemical industry in India was started with the establishment of the National organic chemical industry limited in the sixties.
2. The real thrust of the petrochemical industry in India came with the establishment of the Indian Petrochemical Corporation Limited (IPCL) at Baroda.

a) Both 1 and 2

b) 2 only

c) 1 only

d) Neither 1 nor 2

Question : 6

What is/are the recent policy initiative(s) of Government of India to promote the growth of manufacturing sector?

1. Setting up of National Investment and Manufacturing Zones.
2. Providing the benefit of ‘single window clearance’.
3. Establishing the Technology Acquisition and Development Fund.

a) 1 and 3

b) 2 and 3

c) 1 only

d) 1, 2 and 3