industries manufacturing & service sectors section 10 Practice Questions Answers Test with Solutions & More Shortcuts
Industries, Manufacturing & Service Sectors PRACTICE TEST [10 - 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
Question : 1
Consider the following statements :
- The first news print plant was set up in India at Nepanagar.
- The first modern steel plant in India was set up at Bhadrawati.
a) Both 1 and 2
b) 1 only
c) 2 only
d) Neither 1 nor 2
Answer »Answer: (b)
The first newsprint plant was set up in India at Nepanagar in 1948.
Question : 2
Consider the following statements: Small-scale industries are in most cases, not as efficient and competitive as the large-scale ones. Yet the government provides preferential treatment and reservations in a range of products to the small firms because of small-scale industries.
- provide higher employment on a per-unit capital development basis.
- promote a regional dispersion of industries and economic activities.
- have performed better in export on manufactured products than the large scale ones.
- provide jobs to low-skill workers, who otherwise may not find employment revenues elsewhere.
a) 2 and 3
b) 1 and 2
c) 1 and 4
d) 3 and 4
Answer »Answer: (d)
Question : 3
Which of the following statements are true regarding "India Infrastructure Finance Company Limited (IIFCL)":
- It is a non-Government company
- It is an NBFC registered with RBI
a) (i) only
b) Both (i) & (ii)
c) (ii) only
d) Neither (i) nor (ii)
Answer »Answer: (c)
India Infrastructure Finance Company Limited (IIFCL) is a wholly-owned Government of India company set up in 2006 to provide long-term financial assistance to viable infrastructure projects.
The sectors eligible for financial assistance from IIFCL are as per the Harmonized list of Infrastructure Sub-Sectors as approved by the Government. These broadly include transportation, energy, water, sanitation, communication, social and commercial infrastructure.
IIFCL is registered as an "NBFC-ND-IFC"
i.e. Non-Banking Financial Company - Non-Deposit - Infrastructure Finance Company. NBFCs have been classified into 'Deposit' and 'Non-Deposit (ND)' accepting.
NBFCs are also classified as per what kind of activity they conduct and one of the categories is 'Infrastructure Finance Company (IFC)'
Question : 4
The term "roll-on roll-off" recently in the news is related to which of the following:
a) Transportation of vehicles through ships
b) Railway engines and wagons
c) Connecting two ports through dedicated shipping channel
d) Dedicated freight corridors
Answer »Answer: (a)
Roll-on roll-off (ro-ro is an acronym for roll-on roll-off) ships are vessels designed to carry wheeled cargo such as cars, trucks, trailers that are driven on and off the ship on their own wheels or using a platform vehicle.
(Earlier wheeled vehicles were carried as cargo on oceangoing ships and were treated like any other cargo. Automobiles had their fuel tank emptied and their batteries disconnected before being hoisted onto the ship which was a difficult and tedious process and vehicles were subject to damage and could not be used for routine/daily travel.)
On 23rd Oct 2017, Prime Minister inaugurated the first phase of the roll-on roll-off ferry service (for conveying passenger and goods both) connecting Saurashtra with South Gujarat.
Question : 5
Which sentences are correct regarding export in India?
- 45%-50% of the Indian Exports is contributed by SSI Sector.
- Direct exports from the SSI Sector account for nearly 45% of total exports.
- Besides direct exports, it is estimated that smallscale industrial units contribute around 15% to exports indirectly.
a) Only II
b) I & III
c) I & II
d) All the above
Answer »Answer: (b)
45%-50% of the Indian Exports is contributed by SSI Sector. Direct exports from the SSI Sector account for nearly 35% of total exports.
Besides direct exports, it is estimated that small-scale industrial units contribute around 15% to exports indirectly.
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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
-
» Banking, Security Market & Insurance
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