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

MOST IMPORTANT indian economy mcq - 10 EXERCISES

Top 30,000+ Indian Economy Memory Based Exercises

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

Questions : In India ‘Report on Currency and Finance’ is the annual publication of

(a) Finance Commission

(b) SEBI

(c) Finance Ministry

(d) RBI

The correct answers to the above question in:

Answer: (d)

In India, ‘Report on Currency and Finance’ is the annual publication of Reserve Bank of India.

The report highlights the evaluation or devaluation of rupee as a currency along with its other aspects and projects the financial condition of the economy.

Practice Industries, Manufacturing & Service Sectors (industries manufacturing & service sectors section 10) Online Quiz

Discuss Form

Valid first name is required.
Please enter a valid email address.
Your genuine comment will be useful for all users! Each and every comment will be uploaded to the question after approval.

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

Question : 1

NASSCOM is the organisation of companies of which sector?

a) Information Technology

b) Media

c) Mobile phone service

d) Automobiles

Answer: (a)

NASSCOM is the organisation of companies of Information technology.

NASSCOM: It is a trade association of the Indian Information Technology and Business process outsourcing Industry.

Question : 2

Which of the following can be termed an infrastructural bottleneck in the development of India’s economy?

a) The federal nature of Indian policy

b) Delay in the administration of justice

c) Existence of a large variety of financial institutions

d) The volatility of the Indian rupee

Answer: (b)

Question : 3

Consider the following statements :

  1. The growth of wireline telephone connections in the last five years is decreasing every year.
  2. The share of private operations in the wireless telephone in India is more than 85%.
Which of the following statements above is/are correct?

a) Both 1 and 2

b) 1 only

c) 2 only

d) Neither 1 nor 2

Answer: (a)

The growth of wireline telephone connections in the last five years is decreasing every year due to an increase in mobile connections.

Moreover, the share of private operations in the wireless telephone is more than 85%.

So, both statements are correct.

Question : 4

Which of the following cities is known as the Financial Capital of India?

a) Chennai

b) New Delhi

c) Kolkata

d) Mumbai

Answer: (d)

Mumbai is the financial capital of India. It is one of the world’s top ten centres of commerce in terms of global financial flow generating 5% of India’s GDP and accounting for 25% of industrial output, 70% of maritime trade in India and 70% of capital transactions to India’s economy.

Question : 5

Which one of the following is not the problem of Small Scale Industries (SSIs)?

a) Raw materials

b) Finances

c) Marketing

d) Strikes and lockouts

Answer: (d)

Major problems faced by the small scale industries are:

  1. Finance,
  2. Raw Material,
  3. Idle Capacity,
  4. Technology,
  5. Marketing,
  6. Infrastructure,
  7. Under Utilization of Capacity and
  8. Project Planning.

Strike and lockouts is not a problem of SSIs.

Question : 6

Consider the following statements :

  1. The erratic trend in the production of sugar is mainly due to monsoons.
  2. The output of sugar is influenced by both cane and Gur prices.
Which of the statements given above is/are correct?

a) Both 1 and 2

b) 1 only

c) 2 only

d) Neither 1 nor 2

Answer: (a)

The erratic trend in production of sugar is mainly due to monsoons and the output of sugar is influenced by both cane and gur prizes.

Recently Added Subject & Categories For All Competitive Exams

100+ Quadratic Equation Questions Answers PDF for Bank

Quadratic Equation multiple choice questions with detailed answers for IBPS RRB SO. more than 250 Attitude practice test exercises for all competitive exams

03-Jul-2024 by Careericons

Continue Reading »

IBPS Aptitude Linear Equations MCQ Questions Answers PDF

Linear equations multiple choice questions with detailed answers for IBPS RRB SO. more than 250 Attitude practice test exercises for all competitive exams

03-Jul-2024 by Careericons

Continue Reading »

New 100+ Compound Interest MCQ with Answers PDF for IBPS

Compound Interest verbal ability questions and answers solutions with PDF for IBPS RRB PO. Aptitude Objective MCQ Practice Exercises all competitive exams

02-Jul-2024 by Careericons

Continue Reading »

100+ Mixture and Alligation MCQ Questions PDF for IBPS

Most importantly Mixture and Alligation multiple choice questions and answers with PDF for IBPS RRB PO. Aptitude MCQ Practice Exercises all Bank Exams

02-Jul-2024 by Careericons

Continue Reading »