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

Answer: (b)

Bharti Airtel has acquired Zain Telecom’s African assets in a $10.7 billion deal. The acquisition of Zain assets will give the Indian mobile market leader a footprint in 15 African countries.

Answer: (d)

Competition Commission of India is a body of the government of India responsible for enforcing the Competition Act, 2002 throughout India and to prevent activities that have an adverse effect on competition in India. It was established on 14 October, 2003.

The goal is to combat the monopoly tendencies and faster the competition among public sector enterprises. CCI (Competition Commission of India) consists of a chairperson and 6 members appointed by the central government.

Answer: (c)

the Electronic industry is responsible for the generation of employment. Bangalore is the hub of the electronic industry in the country and is called the electronic city.

There are approximately 200 IT/ ITES companies located in Electronics City which have employed many unemployed in various fields.

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

Answer: (c)

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

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.