industries manufacturing & service sectors section 1 Practice Questions Answers Test with Solutions & More Shortcuts
Industries, Manufacturing & Service Sectors PRACTICE TEST [10 - EXERCISES]
industries manufacturing & service sectors section 1
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industries manufacturing & service sectors section 3
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industries manufacturing & service sectors section 9
industries manufacturing & service sectors section 10
Question : 6
Which of the following is are not “Navaratna” company?
- Shipping Corporation of India Ltd
- Indian Oil Corporation
- Airports Authority of India
- MTNL
a) 1 only
b) 2 only
c) 1 and 2
d) 2 and 3
Answer »Answer: (d)
Indian Oil Corporation is one of the seven Maharatna status companies of India.
Maharatna PSU has an investment ceiling from Rs 1,000 to Rs. 5,000 crores and can invest up to 15% of their net worth in a project.
AAI is a mini Ratna The Navaratna companies could invest up to Rs. 1,000 crores without explicit government approval.
Question : 7
Consider the following statements with respect to India’s imports
- Share of Gold imports in total merchandise imports has steadily decreased in the last decade
- Share of Petroleum, Oil and Lubricants (POL) in total merchandise imports has steadily increased in the last decade
a) (i) only
b) Both (i) & (ii)
c) (ii) only
d) Neither (i) nor (ii)
Answer »Answer: (d)
Share of Gold imports in total merchandise imports is around 6.4%.
Share of POL imports in total merchandise imports is round 26%.
But both shares have fluctuated.
Question : 10
Which sector of Indian economy has shown remarkable expansion during the last decade?
a) Tertiary sector
b) Primary sector
c) Secondary sector
d) Mining sector
Answer »Answer: (a)
During the last decade, the tertiary sector has shown remarkable expansion.
In the last decade, India has expanded maximum in providing services like IT, Telecommunication, Healthcare, Tourism which is contributing around 60% to GDP.
Primary Sectors - Primary activities are those which are based on natural resources. It is called the Agriculture sector. Examples - Types of crops, livestock rearing dairy farming, fishing.
Secondary Sectors - Secondary sector follows primary activities in which the natural products are changed to manufacture. It is called the Industrial sector.
Tertiary Sectors - Activities that assist the development of primary and secondary sectors are carried out. Generally, services are involved like doctors, teachers, lawyers, administrators. New services like IT, software company etc. have become important Tertiary activities.
IMPORTANT indian economy mcq EXERCISES
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500+ Indian Industries & Service Sectors GK MCQ For IBPS »
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500+ Industry & Manufacturing Sectors GK Online MCQ Quiz »
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New 599+ Indian Economy Trade & Commerce GK MCQ Quiz PDF »
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Top Indian Manufacturing Industries GK MCQ Quiz For UPSC »
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500+ Industries & Service Sector Question And Answer Test »
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New 500+ Indian Secondary & Tertiary Sectors GK MCQ Test »
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500+ Indian Manufacturing & Service Sector GK MCQ For SSC »
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New 500+ Indian Economy Tertiary Sector GK MCQ Quiz PDF »
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Industries, Manufacturing & Service Sectors Shortcuts »
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indian economy MCQ CATEGORIES
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» Introduction to Indian Economy
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» Planning, Economic Development & Five year Plans
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» National Income & Human Development Index
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» Agriculture Sector, Subsidy and Food Processing
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» Industries, Manufacturing & Service Sectors
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» Inclusive growth, Sustainable development and employment
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» Poverty & Unemployment
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» Introduction to Micro Economics
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» Introduction to Macro Economics
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» Macro fundamentals, GDP, Investment, Growth
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» Demand & Supply, Profit Loss, Inflation & Price Index
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» Fiscal Policy, Public Finance and Monetary Policy
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» Money Supply, Banking and Financial Institutions
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» Taxes Types, Methods & Budgeting Process
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» Banking, Security Market & Insurance
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