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 : 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

The correct answers to the above question in:

Answer: (c)

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

Question : 1

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 : 2

Consider the following statements according to Micro, Small and Medium Enterprises Development (MSMED) Act 2006 of Indian Economy.

  1. The Micro Enterprises are those whose capital asset is less than 25 lakh.
  2. Small Enterprises are those industries whose capital asset is from 10 lakh to 5 crores.
  3. The capital asset including machinery of more than 5 crores is known as Medium Enterprises.
Which of the statements given above is/are correct?

a) 1 and 3

b) 2 and 3

c) 1 only

d) 1, 2 and 3

Answer: (c)

A microenterprise is an enterprise where investment in plant and machinery does not exceed RS. 25 lakh.

A small enterprise is an enterprise where the investment in plant and machinery is more than RS. 25 lakh but does not exceed RS. 5 crore, and A medium enterprise is an enterprise where the investment in plant and machinery is more than RS. 5 crore but does not exceed RS. 10 crore.

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) Tata Motors

d) Videsh Sanchar Nigam Limited

Answer: (b)

Software major Infosys Technologies is included in the coveted Nasdaq100 Index.

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

Question : 4

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 : 5

Who among the following are the beneficiaries of the MAFALDA?

a) Jobless Youth

b) Small and Marginal Farmers

c) Landless Laborers

d) Small Industries

Answer: (b)

Question : 6

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.

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