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

Question : 1

The main objectives of setting up Special Economic Zones (SEZ) are:

1. Generation of additional economic activity
2. Promotion of investment from foreign sources
3. Creation of employment opportunities

a) (i) & (iii) only

b) (iii) only

c) (i) only

d) All of the above

Question : 2

Which unit of the Hindustan Copper Lt(d) is the first copper smelting unit in India?

a) Indian Copper Complex (Jharkhand)

b) Malanjkhand Copper Project (MP)

c) Tajola Copper Project (Maharashtra)

d) Khetri Copper Complex (Rajasthan)

Question : 3

Consider the following statements :

1. The first news print plant was set up in India at Nepanagar.
2. The first modern steel plant in India was set up at Bhadrawati.

a) Both 1 and 2

b) 1 only

c) 2 only

d) Neither 1 nor 2

Question : 4

The balance of payments of a country is a systematic record of

a) good exported from a country during a year

b) capital movements from one country to another.

c) all import and export transactions of a country during a given period of time, normally a year

d) economic transaction between the government of one country to another

Question : 5

What are autonomous bodies?

1. They are primarily meant to provide essential services such as railways.
2. They are public enterprises that came into existence by a Special Act of the Parliament.
3. They are companies in which 51% or more of the paid-up capital is held by the central or any state government (partly or wholly by both).
4. They are set up whenever it is felt that certain functions need to be discharged outside the governmental set-up with some amount of independence and flexibility without day-to-day interference from the governmental machinery

a) Only II

b) I & III

c) Only IV

d) None of the above

Question : 6

Consider the following statements :

1. National Thermal Power Corporation has diversified into hydropower sector.
2. Power Grid Corporation of India has diversified into telecom sector.

a) Both 1 and 2

b) 1 only

c) 2 only

d) Neither 1 nor 2