industries manufacturing & service sectors section 10 Practice Questions Answers Test with Solutions & More Shortcuts
Industries, Manufacturing & Service Sectors PRACTICE TEST [10 - EXERCISES]
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industries manufacturing & service sectors section 10
Question : 11
Which of the following cities is known as the Financial Capital of India?
a) Chennai
b) New Delhi
c) Kolkata
d) Mumbai
Answer »Answer: (d)
Mumbai is the financial capital of India. It is one of the world’s top ten centres of commerce in terms of global financial flow generating 5% of India’s GDP and accounting for 25% of industrial output, 70% of maritime trade in India and 70% of capital transactions to India’s economy.
Question : 12
In India ‘Report on Currency and Finance’ is the annual publication of
a) Finance Commission
b) SEBI
c) Finance Ministry
d) RBI
Answer »Answer: (d)
In India, ‘Report on Currency and Finance’ is the annual publication of Reserve Bank of India.
The report highlights the evaluation or devaluation of rupee as a currency along with its other aspects and projects the financial condition of the economy.
Question : 13
NASSCOM is the organisation of companies of which sector?
a) Information Technology
b) Media
c) Mobile phone service
d) Automobiles
Answer »Answer: (a)
NASSCOM is the organisation of companies of Information technology.
NASSCOM: It is a trade association of the Indian Information Technology and Business process outsourcing Industry.
Question : 14
Which of the following can be termed an infrastructural bottleneck in the development of India’s economy?
a) The federal nature of Indian policy
b) Delay in the administration of justice
c) Existence of a large variety of financial institutions
d) The volatility of the Indian rupee
Answer »Answer: (b)
Question : 15
Consider the following statements :
- The growth of wireline telephone connections in the last five years is decreasing every year.
- The share of private operations in the wireless telephone in India is more than 85%.
a) Both 1 and 2
b) 1 only
c) 2 only
d) Neither 1 nor 2
Answer »Answer: (a)
The growth of wireline telephone connections in the last five years is decreasing every year due to an increase in mobile connections.
Moreover, the share of private operations in the wireless telephone is more than 85%.
So, both statements are correct.
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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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