industries manufacturing & service sectors section 10 Practice Questions Answers Test with Solutions & More Shortcuts

Question : 31

Consider the following statements about NLEM :

1. Essential medicines are those that satisfy the priority healthcare needs of the majority of the population.
2. The medicines in National List of Essential Medicines (NLEM) should be available at affordable costs.
3. Currently, there are 376 such medicines NLEM. The government has added medicines for cancer, HIV/AIDS & Hepatitis to the list.

a) 2 and 3

b) 1, 2 and 3 all

c) 1 only

d) 1 and 2

Question : 32

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) 1 only

b) Both 1 and 2

c) 1 only

d) Neither 1 nor 2

Question : 33

Which among the following is the most important bulk import of India?

a) Electric Goods

b) Food Grains

c) Nonelectrical machinery

d) Petroleum

Question : 34

Consider the following statements :

1. Packaging machinery industry, like other industrial machinery is allowed for 100%. FDI under automatic approval.
2. Food processing machinery can be classified under the general category of industrial machinery which is de-licensed under the current industrial policy and qualifies for 100% FDI under automatic approval.

a) Both 1 and 2

b) 1 only

c) 2 only

d) Neither 1 nor 2

Question : 35

Which statement is correct regarding the disinvestment policy?

1. Citizens have every right to own part of the shares of Public Sector Undertakings.
2. Public Sector Undertakings are the wealth of the Nation and this wealth should rest in the hands of the people.
3. While pursuing disinvestment, Government has to retain majority shareholding, i.e. at least 51% and management control of the Public Sector Undertakings.

a) Only I

b) II & III

c) I & II

d) All the above