industries manufacturing & service sectors section 1 Practice Questions Answers Test with Solutions & More Shortcuts

Question : 26

The Indian Aviation Report 2014 highlights which one of the following as the main reason for non-competitiveness of Indian aviation sector?

1. Lack of infrastructure
2. Lack of skill and expertise
3. Privatisation
4. Over taxation

a) 4 only

b) 1, 2, 3 and 4

c) 1 and 2

d) 1, 2 and 3

Question : 27

Read the following statements carefully :

1. In public sector of India there are basic and heavy industries.
2. All industries of public sector are profit oriented.
3. Jobs are secured in the industries of public sector.

a) 2 and 3 are true

b) 1 and 2 are true

c) 1 and 3 are true

d) 1, 2 and 3 are true

Question : 28

What are the aspects of Competition Act 2002?

1. Prohibition of anti competitive agreements
2. Prohibition of abuse of dominance
3. Regulation of combination (acquisitions, mergers and amalgamations of certain size
4. Establishment of Competition Commission of India (CCI)

a) Only I

b) II & III

c) I & II

d) All the above

Question : 29

Consider the following statements :

1. The USSR assisted in building of Bhilai Steel Plant.
2. The British assisted in the building of the Bokaro Steel Plant.

a) Both 1 and 2

b) 1 only

c) 1 only

d) Neither 1 nor 2

Question : 30

Which statement is correct regarding shipping?

1. Indian overseas fleet ranks the 17th in the world in terms of tonnage, with 659 ships totalling 77 lakh gross registered tonnage (GRT).
2. 102 Indian shipping companies are in operation of which 65 are engaged only in coastal shipping.
3. The public sector Shipping Corporation of India (SCI) has a fleet of 112 vessels aggregating three million GRT.

a) II & III

b) Only II

c) I & II

d) All the above