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 9
industries manufacturing & service sectors section 10
Question : 17
Identify the correct sequence of the establishment of steel plant in India from the earliest to the latest.
a) Bhilai, Jamshedpur, Vishakhapatnam, Bokaro
b) Bokaro–Jamshedpur, Vishakhapatnam, Bhilai
c) Jamshedpur–Bhilai, Bokaro–Vishakhapatnam
d) Jamshedpur, Bokaro, Bhilai, Vishakhapatnam
Answer »Answer: (c)
TISCO was founded in 1907 by Dorabji Tata. The Bhilai Steel Plant, located in Bhilai, in the Indian state of Chhattisgarh, was set up with the help of the USSR in 1955. Bokaro Steel Plant is located in the Bokaro district of Jharkhand.
It is the fourth integrated public sector steel plant in India built with Soviet help in 1972. Visakhapatnam Steel Plant, popularly known as Vizag Steel, is the most advanced steel producer in India with the help of German and soviet technology founded in 1974.
Question : 18
Consider the following statements: Small-scale industries are, in most cases, not as efficient and competitive as large-scale ones. Yet the Government provides preferential treatment and reservations in a range of products to the small firms because small-scale industries
- provide higher employment on a per-unit capital deployment basis.
- promote a regional dispersion of industries and economical activities.
- have performed better in the export of manufactured products than the large scale ones.
- provide jobs to low-skill workers, who otherwise may not find employment avenues elsewhere.
a) 2 and 3
b) 1 and 2
c) 1 and 4
d) 3 and 4
Answer »Answer: (b)
Question : 19
Consider the following statements :
- Miniratna public sector enterprises can be a joint venture, set subsidiary company or overseas office but with certain conditions.
- Till now there are less than 50 public sector enterprises that have been given Miniratna status by the Indian government.
a) 2 only
b) Both 1 and 2
c) 1 only
d) Neither 1 nor 2
Answer »Answer: (b)
Miniratna public sector enterprises can be a joint venture, set subsidiary company or overseas office but with certain conditions
i.e., Miniratna-I is up to Rs. 500 crore or equal to their net worth, whichever is lower.
Miniratna-II: is up to Rs. 300 crore or up to 50% of their net worth, whichever is lower.
Till now less than 50 public sector enterprises have been given Miniratna status by the Indian government.
Question : 20
Consider the following statements :
- India has attained self-sufficiency in almost all consumer goods.
- In terms of capital goods, India still depends on the import.
a) Both 1 and 2
b) 2 only
c) 1 only
d) Neither 1 nor 2
Answer »Answer: (b)
In terms of capital goods, India still depends on the import has not attained self sufficiency in almost all consumer goods.
IMPORTANT indian economy mcq EXERCISES
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500+ Industry & Manufacturing Sectors GK Online MCQ Quiz »
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Top Indian Manufacturing Industries GK MCQ Quiz For UPSC »
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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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