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

MOST IMPORTANT indian economy mcq - 10 EXERCISES

Top 30,000+ Indian Economy Memory Based Exercises

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

Questions : 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

The correct answers to the above question in:

Answer: (c)

The correct locations of the given companies are :

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

Practice Industries, Manufacturing & Service Sectors (industries manufacturing & service sectors section 8) Online Quiz

Discuss Form

Valid first name is required.
Please enter a valid email address.
Your genuine comment will be useful for all users! Each and every comment will be uploaded to the question after approval.

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

Question : 1

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 : 2

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 : 3

When was the “Package for Promotion of Micro and Small Enterprises” announced?

a) March 2009

b) August 2005

c) November 2010

d) February 2007

Answer: (d)

In February 2007, a “Package for Promotion of Micro and Small Enterprises” was announced.

This includes measures addressing concerns of credit, fiscal support, cluster-based development, infrastructure, technology, and marketing.

Capacity building of MSME Associations and support to women entrepreneurs are the other important attributes of this package.

Question : 4

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

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.

Question : 5

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 : 6

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.

Recently Added Subject & Categories For All Competitive Exams

New Time and Distance Aptitude MCQ PDF for IBPS Clerk 2024

Latest Time and Distance multiple choice questions and answers with solution PDF for IBPS Clerk Prelims 2024. Practice Speed Aptitude based Objective Mcq

09-May-2024 by Careericons

Continue Reading »

Word Formation Objective Questions MCQs for IBPS Clerk 2024

Current year Important Objective Questions and Answers with Explanation for IBPS Clerk Prelims 2024 exam. English Vocabulary multiple choice practice exercises

08-May-2024 by Careericons

Continue Reading »

Time and work Questions with Solution PDF IBPS Clerk 2024

Free Time and Work Quants Aptitude concepts based Multiple Choice Questions and Answers Practice Test, Downloadable Quiz PDF for IBPS Clerk Prelims 2024 Exam

07-May-2024 by Careericons

Continue Reading »

Series Completion Questions & Answers PDF IBPS Clerk 2024

Top Alphabet Number Series Completion based Verbal Reasoning Multiple choice questions with answers PDF, & Free IBPS Mock tests For IBPS Clerk Prelims 2024

06-May-2024 by Careericons

Continue Reading »