industries manufacturing & service sectors section 8 MCQ Questions & Answers Detailed Explanation

Answer: (a)

Answer: (d)

Indira Krishnamurthy Nooyi is an Indian-American business executive and the current Chairperson and Chief Executive Officer of PepsiCo, the second-largest food and beverage business in the world.

In 2013, she has been ranked 10th in the list of Forbes World’s 100 most powerful women.

Answer: (a)

GOI imposed Infrastructure Cess on the production of vehicles. It is levied @ 1% on small petrol, LPG, CNG cars, 2.5% on diesel cars of certain capacity (i.e. not exceeding 4 metres in length and engine capacity of up to 1500cc) and 4% on other higher engine capacity vehicles and SUVs (Sports Utility Vehicle.

Answer: (d)

The correct correlation of industries and their fields are :

• Basic industry — petroleum
• Strategic industry — Arms and Ammunition
• Critical industry — Automobile
• Goods based industry — Fertilizer

Answer: (b)

Following the power generation capacity as on October 2019:

Private = 46.5%

States = 28.4%

Central = 25.1%

Answer: (b)

A tight monetary policy is a course of action undertaken by Central bank to constrict spending in an economy, or to curb inflation when it is rising too fast.

The increased bank rate increases the cost of borrowing and effectively reduces its attractiveness.