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

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The following question based on Industries, Manufacturing & Service Sectors topic of indian economy mcq

Questions : Match the following investment requirements under the Manufacturing Enterprises category: 
Column I Column II
I. Micro Enterprise a. 5 crores to upto 10 crores
II. Small Enterprise b. 25 lakh to upto 5 crores
III. Medium Enterprise c. Upto 25 lakh
Codes: I II III

(a) I – c, II – a, III - b

(b) I – b, II – c, III - a

(c) I – c, II – b, III – a

(d) I – a, II – b, III - c

The correct answers to the above question in:

Answer: (c)

Micro Enterprises are those enterprises that have investments of up to Rs 25 lakh.

Small Enterprises are those enterprises with investments above 25 lakh and up to 5 crores.

Medium Enterprises are those enterprises that have investments above Rs 5 crores and up to Rs 10 crores.

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

Question : 1

Match the given companies with their locations and select the correct answer by using the codes given below:

List I List II
(Company) (Location)
A. BALCO 1. Hirakund
B. HINDALCO 2. Korba
C. Indian Aluminium company 3. Koraput
D. NALCO 4. Renukoot
Codes: A B C D

a) 3 4 1 2

b) 3 1 4 2

c) 2 4 1 3

d) 2 1 4 3

Answer: (c)

The correct locations of the given companies are :

  1. BALCO — Korba
  2. HINDALCO — Renukoot
  3. Indian Aluminium Company — Hirakund
  4. NALCO — Koraput

Question : 2

India has a high export earning from Diamonds. In this context, consider the following:

  1. High Diamonds Stocks
  2. Large Production of Industrial Diamonds
  3. Availability of experts on cutting and polishing
Which among the above is/ are most appropriate reason/ reasons behind the above fact?

a) Only 3

b) Only 1 & 3

c) Only 1

d) 1, 2 & 3

Answer: (a)

Question : 3

Which sentence is correct regarding Power?

  1. A major initiative to expedite power generation has been the development of coal-based Ultra Mega Power Projects (UMPP) each with a capacity of 4000 MW or above.
  2. Nine sites have been identified including four pithead sites (Chhattisgarh, Jharkhand, Madhya Pradesh and Odisha) and five coastal sites (Andhra Pradesh, Gujarat, Karnataka, Maharashtra and Tamil Nadu).
  3. The pithead units will get coal from captive mines while the coastal plants will import coal.

a) Only III

b) II & III

c) I & II

d) All the above

Answer: (d)

A major initiative to expedite power generation has been the development of coal-based Ultra Mega Power Projects (UMPP) each with a capacity of 4000 MW or above.

Nine sites have been identified including four pithead sites (Chhattisgarh, Jharkhand, Madhya Pradesh and Odisha) and five coastal sites (Andhra Pradesh, Gujarat, Karnataka, Maharashtra and Tamil Nadu).

The pithead units will get coal from captive mines while the coastal plants will import coal.

Question : 4

Match the following length of various railway tracks: 

Column I Column II
I. Broad Gauge a. 2537 km
II. Meter Gauge b. 54257 km
III. Narrow Gauge c. 7180 km
Codes: I II III

a) I – b, II – a, III – c

b) I – a, II – c, III - b

c) I – b, II – c, III – a

d) I – c, II – b, III – a

Answer: (c)

At present, the Indian Railway consists of an extensive network spread over 63974 km comprising Broad Gauge (54257 km), Meter Gauge (7180 km) and Narrow Gauge (2537 km).

Question : 5

Read the following statements carefully :

  1. In public sector of India there are basic and heavy industries.
  2. All industries of public sector are profit oriented.
  3. Jobs are secured in the industries of public sector.
Answer on the basis of following codes:

a) 1 and 3 are true

b) 2 and 3 are true

c) 1 and 2 are true

d) 1, 2 and 3 are true

Answer: (a)

In public sector of India, there are basic and heavy industries. Employees and their jobs are secured in public sector industries.

However, all the public sector companies are not profit-oriented. Some of them have been established keeping in mind no profit no loss basis for the welfare of the society.

Question : 6

Consider the following statements regarding the "Bharatmala" Project:

  1. It is a part of the National Highway Development Programme (NHDP)
  2. It will particularly build border and international connectivity roads
  3. State PWDs will also be involved in its execution
Select the correct answer using the code given below

a) (i) only

b) (ii) & (iii) only

c) (ii) only

d) (iii) only

Answer: (d)

The largest highway construction programme was launched under the "National Highway Development Programme (NHDP)" in 1998 by the then Prime Minister Atal Bihari Vajpayee. NHDP spread across phase - I to phase - VII and had an aggregate length of 55,792 Kms. A large part has been completed and the rest will be subsumed under

Bharatmala Pariyojana. Bharatmala Pariyojana is a new umbrella program for the highways sector that focuses on optimizing the efficiency of freight and passenger movement across the country by bridging critical infrastructure gaps through effective interventions like:

  1. Development of Economic Corridors
  2. Inter Corridors and Feeder Routes
  3. National Corridor Efficiency Improvement
  4. Border and International connectivity roads
  5. Coastal and Port connectivity roads
  6. Green-field expressways

A total of around 24,800 km are being considered in Phase I. In addition, Phase I also includes 10,000 km of balance road works under NHDP. The estimated outlay for Phase I is

Rs 5,35,000 crores spread over 5 years. The objective of the program is optimal resource allocation for a holistic highway development/improvement initiative.

The project will be implemented through the National Highway Authority of India, National Highways and Infrastructure Development Corporation Limited (NHIDCL), Ministry of Road, Transport and Highways and State PWDs.

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