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 : When was the ‘Policy Package for Setting up Credit to Small and Medium Enterprises’ announced?

(a) March 2009

(b) August 2005

(c) February 2007

(d) November 2010

The correct answers to the above question in:

Answer: (b)

On August 10, 2005, a ‘Policy Package for Setting up Credit to Small and Medium Enterprises’ was announced with the objective to double the credit flow to the sector within a period of five years.

Practice Industries, Manufacturing & Service Sectors (industries manufacturing & service sectors section 6) Online Quiz

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

Question : 1

The number of women entrepreneurs in small scale industrial region is highest in the state of?

a) Maharashtra

b) Karnataka

c) Tamil Nadu

d) Kerala

Answer: (c)

Tamil Nadu has the highest number of women entrepreneurs with 2930 women equalling to 30.36 %.

Question : 2

Consider the following statements:

  1. India’s share in world merchandise exports is less than 2%
  2. India is the second-largest manufacturer of mobile phones in the world
Select the correct answer using the code given below:

a) (i) only

b) Both (i) & (ii)

c) (ii) only

d) Neither (i) nor (ii)

Answer: (b)

India’s share in world merchandise exports is around 1.7%

India toppled Vietnam to become the second-largest manufacturer of mobile phones globally following China in 2018.

Ref: Economic Survey 2019-20, Vol – I, Chapter 5, Page No. 101 and 115

Question : 3

Which one of the following cities is identified as the hottest outsourcing destination in the world ?

a) Makati city, the Philippines

b) Dublin, Ireland

c) Bengaluru, India

d) Tokyo, Japan

Answer: (c)

Bengaluru or Bangalore is identified as the hottest outsourcing destination in the world.

Bangalore continues to rule as India’s software hub, with its availability of skilled resources. The pleasant climate of Bangalore has also been a factor in Bangalore’s popularity.

Question : 4

Which one of the following is a raw material oriented industry?

a) Petroleum industry

b) Sugar industry

c) Ship Industry

d) Light engineering industry

Answer: (a)

Crude oil is the basic raw material upon which all refinery processes are founded. Raw material-oriented industries are those industries that are having their locations stick close to the source of raw material.

“Raw material” denotes materials in minimally processed or unprocessed in states e.g. raw later, crude oil, cotton, coal etc

Sugar Industry: It subsumes the production processing and marketing of sugar.

Light Engineering Industry: It is one of the largest sequents of the overall industrial growth of a nation.

Question : 5

Consider the following statements about Tata Steel:

  1. It is Asia’s first privately own integrated iron and steel plant.
  2. It is the first company outside Japan to get the Deming Application Prize in 2008 for excellence in total quality management
  3. Immediately after the enactment of the Provident Fund Law in India, Tata Steel introduced a provident funds for its employees.
  4. It is the first company in the world to get social accountability 8000 certifications from the social accountability international from the USA.
Which of the statements given above are correct?

a) 3 and 4

b) 1, 2 and 3

c) 2 and 3

d) 1, 2, 3 and 4

Answer: (b)

Tata Steel is Asia’s first privately owned integrated iron and steel plant. It is the first company outside Japan to get the Deming Application Prize in 2008 for excellence in total quality management.

Tata Steel started a provident fund for its employees as early as in 1920, however, it became a law for all employers under the Provident Fund Act only in 1952.

Question : 6

In which state the arrival of foreign tourists was maximum according to the data of tourism ministry in 2012?

a) Punjab

b) Andhra Pradesh

c) Jammu and Kashmir

d) Maharashtra

Answer: (d)

In Maharashtra, the arrival of foreign tourists was maximum according to the data of the Tourism Ministry in 2012.

Maharashtra received the highest number of foreign tourists in the country with nearly 4.8 million tourist arrivals in 2011.

Maharashtra was followed by Tamil Nadu and New Delhi, which welcomed 3.4 million and 2.2 million foreigners respectively in the same period.

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