industries manufacturing & service sectors section 10 MCQ Questions & Answers Detailed Explanation
MOST IMPORTANT indian economy mcq - 10 EXERCISES
-
500+ Indian Industries & Service Sectors GK MCQ For IBPS »
-
500+ Industry & Manufacturing Sectors GK Online MCQ Quiz »
-
New 599+ Indian Economy Trade & Commerce GK MCQ Quiz PDF »
-
Top Indian Manufacturing Industries GK MCQ Quiz For UPSC »
-
500+ Industries & Service Sector Question And Answer Test »
-
New 500+ Indian Secondary & Tertiary Sectors GK MCQ Test »
-
500+ Indian Manufacturing & Service Sector GK MCQ For SSC »
-
New 500+ Indian Economy Tertiary Sector GK MCQ Quiz PDF »
-
Top Industry & Manufacturing Sector Questions Answers PDF »
-
Top 1000+ Indian Service Sector GK MCQ Quiz PDF For IBPS »
The following question based on Industries, Manufacturing & Service Sectors topic of indian economy mcq
(a) Shortage in the home market
(b) Obsolete machinery
(c) Poor quality in the domestic market
(d) Increasing demand
The correct answers to the above question in:
Answer: (b)
Practice Industries, Manufacturing & Service Sectors (industries manufacturing & service sectors section 10) Online Quiz
Discuss Form
Read more industries manufacturing service sectors Based Indian Economy Questions and Answers
Question : 1
Consider the following statements about Tata steel:
- It is Asia’s first privately own integrated iron and steel plant.
- It is the first company outside Japan to get the Deming application prize in 2008 for excellence in total quality management
- Immediately after the enactment of the Provident Fund Law in India, Tata steel introduced a provident fund for its employees.
- It is the first company in the world to get social accountability 8000 certifications from the social accountability international from the USA.
a) 1, 2 and 3
b) 3 and 4
c) 2 and 3
d) 1, 2, 3 and 4
Answer »Answer: (a)
Tata Steel is Asia's first privately owned integrated iron and steel plant. It is the first company outside Japan to get the Doming Application Prize in 2008 for excellence in total quality management.
Tata Steel started a provident fund for its employees as early as 1920, however, it became a law for all employers under the Provident Fund Act only in 1952.
Question : 2
Which of the following is related to the EPCG scheme of central government ?
a) Communication
b) Foreign Investment
c) Banking
d) Foreign Trade
Answer »Answer: (d)
The Export Promotion Capital Goods (EPCG) scheme was one of the several export promotion initiatives launched by the government in the early ‘90s.
The basic purpose of the scheme was to allow exporters to import machinery and equipment at affordable prices so that they can produce quality products for the export market.
Question : 3
‘Udyog Bandhu’ is a/an?
a) organisation to assist industrial units in solving time bound establishment and investment related problems
b) labour supplying agency
c) sick industry rehabilitation agency
d) agency for financing industrial development
Answer »Answer: (a)
“Udyog Bandhu” is an organization of the State Government of Uttar Pradesh. It assists industrial units in solving time bound establishment and investment related problems relating to existing and up-coming industries as well.
Question : 4
The apex organisation of industrial finance in India is—
a) ICICI
b) IDBI
c) IFCI
d) RBI
Answer »Answer: (b)
IDBI Bank is an Indian government-owned financial service company, formerly known as Industrial Development Bank of India, headquartered in Mumbai, India.
It was established in 1964 by an Act of Parliament to provide credit and other financial facilities for the development of the fledgling Indian industry. IDBI is one of the leading government banks in India.
Question : 5
Which one of the following is not a feature of Limited Liability Partnership Firm?
a) Partner and management need not to be separate
b) Internal governance should be decided by mutual agreement among partners
c) Partner should be less than 20
d) It is a corporate body with perpetual succession
Answer »Answer: (a)
The LLP will be a separate legal entity, liable to the full extent of its assets, with the liability of the partners being limited to their agreed contribution in the LLP which may be of tangible or intangible nature or both tangible and intangible in nature.
No partner would be liable on account of the independent or unauthorised actions of other partners or their misconduct.
The liabilities of the LLP and partners who are found to have acted with intent to defraud creditors or for any fraudulent purpose shall be unlimited for all or any of the debts or other liabilities of the LLP.
Question : 6
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).
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
Industries, Manufacturing & Service Sectors Shortcuts and Techniques with Examples
Verbal Reasoning
Question & Answer Quiz
Non Verbal Reasoning
Question & Answer Quiz
Quantitative Aptitude
Question & Answer Quiz
Computer MCQ
Question & Answer Quiz
General English
Question & Answer Quiz
History GK
Question & Answer Quiz
Polity GK
Question & Answer Quiz
Geography GK
Question & Answer Quiz
Economy GK
Question & Answer Quiz
General Awareness GK
Question & Answer Quiz
Recently Added Subject & Categories For All Competitive Exams
Most Important Antonyms Vocabulary - IBPS Clerk Prelims 2024
Latest Antonyms multiple choice questions and answers with free PDFfor IBPS Clerk Prelims 2024. English Vocabulary practice exercise for all bank exam
Continue Reading »
Syllogism Practice Questions Answers PDF - IBPS Clerk 2024
Practice Verbal Reasoning Syllogism multiple choice questions and answers with Fully solved explanation, PDF for the IBPS Clerk Prelims 2024 Bank Exam
Continue Reading »
IBPS Clerk Prelims 2024 Synonyms Questions Solved Answers
Most important IBPS Clerk Prelims 2024 Synonyms and Antonyms multiple choice questions and answers with detailed solutions, English vocabulary PDF Download
Continue Reading »
New Cloze Test Questions and Answers PDF - IBPS Clerk 2024
The most important Cloze Test questions with detailed answers for upcoming IBPS Clerk prelims 2024. Latest English verbal ability practice MCQs, PDF
Continue Reading »