industries manufacturing & service sectors section 7 MCQ Questions & Answers Detailed Explanation

Question : 1

Consider the following factors regarding an industry :

1. Capital Investment
2. Business Turnover
3. Labour Force
4. Power Consumption

a) 1, 2 and 4

b) 2, 3 and 4

c) 1, 3 and 4

d) 2 and 3

Question : 2

a) A – 1; B – 2; C – 4; D – 3

b) A – 2; B – 1; C – 3; D – 4

c) A – 2; B – 1; C – 4; D – 3

d) A – 1; B – 2; C – 3; D – 4

Question : 3

The sales tax you pay while purchasing a toothpaste is a

a) tax imposed by the Central Government but collected by the State Government

b) tax imposed and collected by the State Government

c) tax imposed by the Central Government

d) tax imposed by the State Government but collected by the Central Government

Question : 4

Which among the following is the apex organization of Industrial Finance in India?

a) ICICI

b) RIDF

c) IDBI

d) IFCI

Question : 5

With reference to India, which one of the following statements is not correct?

a) RIL is the largest private sector company in India

b) BSNL is the first telecom service organization in India to launch a nationwide cellular service at one time

c) IPCL is India’s largest petrochemical company

d) MTNL is listed on NYSE

Question : 6

Which one of the following is not a part of service sector in India?

a) Hotels and restaurants

b) Transport

c) Construction

d) Insurance