industries manufacturing & service sectors section 7 MCQ Questions & Answers Detailed Explanation
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The following question based on Industries, Manufacturing & Service Sectors topic of indian economy mcq
(a) Vodafone
(b) Bharti Airtel
(c) Aircel
(d) Reliance Communication
The correct answers to the above question in:
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.
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Question : 1
Consider the following statements about the Competition Commission of India.
- Competition Commission of India (CCI) was established with effect from 14th 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.
a) 2 only
b) 1 and 2
c) 1 only
d) All of the above
Answer »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.
Question : 2
What is the major contribution of the Electronics industry to the country?
a) Improved standard of living
b) Maximised wealth formation
c) Encouraged employment
d) Reduced poverty
Answer »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.
Question : 3
In India the public sector is the most dominant in
a) organized term-ending financial institution
b) commercial banking
c) steel production
d) transport
Answer »Answer: (d)
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