industries manufacturing & service sectors section 10 MCQ Questions & Answers Detailed Explanation

Answer: (c)

India Infrastructure Finance Company Limited (IIFCL) is a wholly-owned Government of India company set up in 2006 to provide long-term financial assistance to viable infrastructure projects.

The sectors eligible for financial assistance from IIFCL are as per the Harmonized list of Infrastructure Sub-Sectors as approved by the Government. These broadly include transportation, energy, water, sanitation, communication, social and commercial infrastructure.

IIFCL is registered as an "NBFC-ND-IFC"

i.e. Non-Banking Financial Company - Non-Deposit - Infrastructure Finance Company. NBFCs have been classified into 'Deposit' and 'Non-Deposit (ND)' accepting.

NBFCs are also classified as per what kind of activity they conduct and one of the categories is 'Infrastructure Finance Company (IFC)'

Answer: (a)

Roll-on roll-off (ro-ro is an acronym for roll-on roll-off) ships are vessels designed to carry wheeled cargo such as cars, trucks, trailers that are driven on and off the ship on their own wheels or using a platform vehicle.

(Earlier wheeled vehicles were carried as cargo on oceangoing ships and were treated like any other cargo. Automobiles had their fuel tank emptied and their batteries disconnected before being hoisted onto the ship which was a difficult and tedious process and vehicles were subject to damage and could not be used for routine/daily travel.)

On 23rd Oct 2017, Prime Minister inaugurated the first phase of the roll-on roll-off ferry service (for conveying passenger and goods both) connecting Saurashtra with South Gujarat.

Answer: (b)

45%-50% of the Indian Exports is contributed by SSI Sector. Direct exports from the SSI Sector account for nearly 35% of total exports.

Besides direct exports, it is estimated that small-scale industrial units contribute around 15% to exports indirectly.

Answer: (b)

The first newsprint plant was set up in India at Nepanagar in 1948.