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 10
Question : 11
Consider the following statements regarding the "Common Services Centre (CSC)":
- They are part of the Digital India programme
- They are implemented on public-private partnership modal
- They are provided exclusively by the government
- They act as access points for the delivery of various electronic services
a) (i) & (ii) only
b) (iii) & (iv) only
c) (i) & (iii) only
d) (i), (ii) & (iv) only
Answer »Answer: (d)
The concept of the Common Services Centre (CSCs) was approved in 2006 as part of the National e-Governance Plan. CSCs are set up in a public-private partnership model, with a designated state agency being a franchisor of sorts for village-level entrepreneurs (VLEs) to set up centres.
VLEs must meet a set of minimum requirements. They must have passed a matriculation-level examination by a recognized board, be fluent in reading and writing the local language, and make arrangements for infrastructure. Presently there are close to 2,00,000 CSCs across India.
CSCs help people apply online for a range of services — passport registration, PAN cards and Aadhaar cards, banking correspondents, and a whole host of other certificates, and without them, people will have to visit a government office. CSC operators scan documents and upload them through a portal to the relevant government office that will then send back a completed certificate or card. They are like cyber cafes, except they connect only to Digital India.
CSCs are a cornerstone of the Digital India programme. They are the access points for the delivery of various electronic services to villages in India, thereby contributing to a digitally and financially inclusive society. CSCs are more than service delivery points in rural India. They are positioned as change agents, promoting rural entrepreneurship and building rural capacities and livelihoods. They are enablers of community participation and collective action for engendering social change through a bottom-up approach with a key focus on the rural citizen.
CSCs enable the three vision areas of the Digital India programme:
- Digital Infrastructure as a core utility to every citizen
- Governance and services on demand
- Digital empowerment of citizens
Over the past three or four years, a huge number of these centres have added services like banking and insurance to their offerings.
In a sense, they are an organic response to the growth in demand for digitized government services that a piece of static State machinery cannot keep up with and the free market has seemingly ignored.
Question : 12
When development in economy takes place, the share of tertiary sector in national income
a) keeps on increasing
b) first falls and then rises
c) first rises and then falls
d) remains constant
Answer »Answer: (a)
When development in the economy takes place, the share of the tertiary sector in national income keeps on increasing because the tertiary sector is involved in services within and outside the country.
With development the disposable income of individuals income results in the growth of banking, trading, communication etc., both domestically and internationally.
Question : 13
Maruti views Tata Motors as a prominent competitor but does not view Volvo as a competitor. This type of competition in the market is known as
a) Production flow competition
b) Cost control competition
c) Product competition
d) None of these
Answer »Answer: (c)
Maruti views Tata motors as a prominent competitor but does not view Volvo as a competitor. This type of competition in the market is knwon as product competition because the companies are competing on the same and similar products.
Question : 14
Which one of the following is not correctly matched?
a) Tata Steel : Chorus Group
b) Jet Airways : Air Sahara
c) Hindalco industries : Novelis
d) Kingfisher Airlines : MDR Airlines
Answer »Answer: (d)
Hindalco industries : Novelis
Tata Steel : Chorus group
Jet airways : Air Sahara
Kingfisher Airlines: MDR Airlines Kinfisher Airlines is not correctly matched with MDR Airlines.
Question : 15
Which of the following statements are correct regarding the "SMILE" scheme:
a) It is linked to providing credit to MSME enterprises under Make in India
b) It is a scheme to provide support to small and marginal farmers for allied activities
c) It is linked to providing financial support by Govt. of India for women and SC/ST entrepreneurs
d) None of the above
Answer »Answer: (a)
SIDBI Make in India Soft Loan Fund for Micro, Small & Medium Enterprises (SMILE) scheme:
The objective of the Scheme is to provide soft loans (mainly long-term loans) on relatively soft terms to MSMEs to meet the required debt-equity ratio for the establishment of an MSME as also for pursuing opportunities for growth for existing MSMEs. The focus is on all the identified 25 Make in India sectors or other sectors as may be added, in the Make in India Programme.
Emphasis will be on covering new enterprises in the manufacturing as well as services sector. Existing enterprises will also be covered which are undertaking expansion, to take advantage of new emerging opportunities, as also undertaking modernization, technology up-gradation or other projects for growing their business.
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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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