industries manufacturing & service sectors section 9 MCQ Questions & Answers Detailed Explanation

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

Questions : Who among the following are the beneficiaries of the MAFALDA?

(a) Jobless Youth

(b) Small and Marginal Farmers

(c) Landless Laborers

(d) Small Industries

The correct answers to the above question in:

Answer: (b)

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

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: (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

Match the following: 

Column I Column II
I. PSU’s a. Category C
II. Joint Venture b. Category A
III. Private Sector c. Category B
Codes: I II III

a) I – c, II – b, III - a

b) I – a, II – c, III - b

c) I – b, II – c, III – a

d) I – b, II – a, III – c

Answer: (c)

Question : 3

Which Indian Company has been included for the first time in U.S. A’s index NASDAQ-100?

a) ICICI Bank

b) Infosys

c) Videsh Sanchar Nigam Limited

d) Tata Motors

Answer: (b)

Software major Infosys Technologies is included in the coveted Nasdaq-100 Index.

This is the first time that an Indian company has found a place in a stock index outside the country.

Question : 4

What does PKI stands for?

a) Public Key Infrastructure

b) Public Key Institute

c) Private Key Infrastructure

d) Primary Key Infrastructure

Answer: (a)

PKI stands for Public Key Infrastructure. The Reserve Bank of India released a draft report on making payment system effective to secure a safe, secure, efficient, robust and sound payment system in the country.

Question : 5

The slack season in the Indian economy is

a) Jan-June

b) Feb-April

c) Mar-April

d) Sept-Dec

Answer: (a)

The slack season in the Indian economy is Jan- June.

Question : 6

The term “Open access” in electricity means which of the following:

a) Large consumers have access to the transmission and distribution network to obtain electricity from the suppliers of their choice

b) Any consumer of electricity can also generate electricity from their own resource and can feed on to the distribution network.

c) Large consumers can choose the distribution company of their choice

d) Distribution companies can choose from which of the power producers they want to purchase power without government interference

Answer: (a)

Open access is the non-discriminatory use of transmission and distribution infrastructure of the licensees by consumers with demand greater than or equal to 1MW for procuring electricity from the source of their choice.

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