industries manufacturing & service sectors section 10 MCQ Questions & Answers Detailed Explanation
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The following question based on Industries, Manufacturing & Service Sectors topic of indian economy mcq
- Miniratna public sector enterprises can be a joint venture, set subsidiary company or overseas office but with certain conditions.
- 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
The correct answers to the above question in:
Answer: (b)
Miniratna public sector enterprises can be a joint venture, set subsidiary company or overseas office but with certain conditions
i.e., Miniratna-I is up to Rs. 500 crore or equal to their net worth, whichever is lower.
Miniratna-II: is up to Rs. 300 crore or up to 50% of their net worth, whichever is lower.
Till now less than 50 public sector enterprises have been given Miniratna status by the Indian government.
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Question : 1
Consider the following statements :
- India has attained self-sufficiency in almost all consumer goods.
- 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
Answer »Answer: (b)
In terms of capital goods, India still depends on the import has not attained self sufficiency in almost all consumer goods.
Question : 2
Match the following power with their share of percentage:
Column I | Column II |
I. Thermal | a. 3 % |
II. Hydro | b. 5 % |
III. Renewable energy | c. 66 % |
IV. Nuclear | d. 26 % |
a) I – c, II – d, III – a, IV – b
b) I – c, II – d, III – b, IV – a
c) I – a, II – d, III – b, IV – c
d) I – b, II – c, III – d, IV – a
Answer »Answer: (b)
the share of hydropower is 26 per cent, thermal 66 per cent, renewable energy sources 5 per cent and nuclear 3 per cent.
Question : 3
What is a departmental undertaking?
- They are primarily meant to provide essential services such as railways.
- They are public enterprises that came into existence by a Special Act of the Parliament.
- 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).
- 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 III
b) I & III
c) Only I
d) None of the above
Answer »Answer: (c)
Departmental undertakings are primarily meant to provide essential services such as railways.
They function under the control of the respective ministries of the Government of India (GoI).
Question : 4
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
- provide higher employment on a per-unit capital deployment basis.
- promote a regional dispersion of industries and economical activities.
- have performed better in the export of manufactured products than the large scale ones.
- 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
Answer »Answer: (b)
Question : 5
Identify the correct sequence of the establishment of steel plant in India from the earliest to the latest.
a) Bhilai, Jamshedpur, Vishakhapatnam, Bokaro
b) Bokaro–Jamshedpur, Vishakhapatnam, Bhilai
c) Jamshedpur–Bhilai, Bokaro–Vishakhapatnam
d) Jamshedpur, Bokaro, Bhilai, Vishakhapatnam
Answer »Answer: (c)
TISCO was founded in 1907 by Dorabji Tata. The Bhilai Steel Plant, located in Bhilai, in the Indian state of Chhattisgarh, was set up with the help of the USSR in 1955. Bokaro Steel Plant is located in the Bokaro district of Jharkhand.
It is the fourth integrated public sector steel plant in India built with Soviet help in 1972. Visakhapatnam Steel Plant, popularly known as Vizag Steel, is the most advanced steel producer in India with the help of German and soviet technology founded in 1974.
Question : 6
Which among the following sectors contributes maximum excise revenue to Indian exchequer?
a) Oil and gas
b) Aviation
c) Agriculture
d) Steel industry
Answer »Answer: (a)
Oil and gas industry is the largest contributor to excise revenues in India followed by steel industry.
GET Industries, Manufacturing & Service Sectors PRACTICE TEST EXERCISES
industries manufacturing & service sectors section 1
industries manufacturing & service sectors section 2
industries manufacturing & service sectors section 3
industries manufacturing & service sectors section 4
industries manufacturing & service sectors section 5
industries manufacturing & service sectors section 6
industries manufacturing & service sectors section 7
industries manufacturing & service sectors section 8
industries manufacturing & service sectors section 9
industries manufacturing & service sectors section 10
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