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
- 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.
(a) Only III
(b) II & III
(c) I & II
(d) All the above
The correct answers to the above question in:
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.
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Question : 1
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 »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 : 2
The ministry level conference of World Trade Organisation in Dec. 2013 was held in which country?
a) S. Africa
b) Indonesia
c) Singapore
d) Canada
Answer »Answer: (b)
The topmost decision-making body of the WTO is the Ministerial Conference, which usually meets every two years. It brings together all members of the WTO.
The Ministerial Conference can take decisions on all matters under any of the multilateral trade agreements.
The minister-level conference of the World Trade Organization in Dec. 2013 was held in Indonesia.
Question : 3
Consider the statements:
- Small industrial units employ wage-earning labour and production is done by the use of modern techniques.
- Capital investment is also present in small industries
a) Both I & II
b) Only II
c) Only I
d) None of the above
Answer »Answer: (a)
Small industrial units employ wage-earning labour and production is done by the use of modern techniques.
Capital investment is also present in small industries.
Question : 4
India has a high export earning from Diamonds. In this context, consider the following:
- High Diamonds Stocks
- Large Production of Industrial Diamonds
- Availability of experts on cutting and polishing
a) Only 3
b) Only 1 & 3
c) Only 1
d) 1, 2 & 3
Answer »Answer: (a)
Question : 5
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 |
a) 3 4 1 2
b) 3 1 4 2
c) 2 4 1 3
d) 2 1 4 3
Answer »Answer: (c)
The correct locations of the given companies are :
- BALCO — Korba
- HINDALCO — Renukoot
- Indian Aluminium Company — Hirakund
- NALCO — Koraput
Question : 6
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 |
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 »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.
GET Industries, Manufacturing & Service Sectors PRACTICE TEST EXERCISES
industries manufacturing & service sectors section 1
industries manufacturing & service sectors section 2
industries manufacturing & service sectors section 3
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industries manufacturing & service sectors section 6
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industries manufacturing & service sectors section 8
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industries manufacturing & service sectors section 10
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