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

Question : 1

Consider the following statements: Small-scale industries are, in most cases, not as efficient and competitive as large-scale ones. Yet the Government provides preferential treatment and reservations in a range of products to the small firms because small-scale industries

1. provide higher employment on a per-unit capital deployment basis.
2. promote a regional dispersion of industries and economical activities.
3. have performed better in the export of manufactured products than the large scale ones.
4. provide jobs to low-skill workers, who otherwise may not find employment avenues elsewhere.

a) 2 and 3

b) 1 and 2

c) 1 and 4

d) 3 and 4

Question : 2

Consider the following statements :

1. Miniratna public sector enterprises can be a joint venture, set subsidiary company or overseas office but with certain conditions.
2. Till now there are less than 50 public sector enterprises that have been given Miniratna status by the Indian government.

a) 2 only

b) Both 1 and 2

c) 1 only

d) Neither 1 nor 2

Question : 3

Consider the following statements :

1. India has attained self-sufficiency in almost all consumer goods.
2. In terms of capital goods, India still depends on the import.

a) Both 1 and 2

b) 2 only

c) 1 only

d) Neither 1 nor 2

Question : 4

Which among the following sectors contributes maximum excise revenue to Indian exchequer?

a) Oil and gas

b) Aviation

c) Agriculture

d) Steel industry

Question : 5

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%.

a) Both 1 and 2

b) 1 only

c) 2 only

d) Neither 1 nor 2

Question : 6

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