industries manufacturing & service sectors section 2 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
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industries manufacturing & service sectors section 9
industries manufacturing & service sectors section 10
Question : 31
The Government of India earns maximum revenue from
a) Customs duty
b) Income tax
c) Corporation tax
d) Union excise duty
Answer »Answer: (d)
The Government of India earns maximum revenue from Union Excise Duty which is indirect tax levied and collected on the goods manufactured in India and consumed within the country.
Question : 32
Consider the following statements :
- The erratic trend in the production of sugar is mainly due to monsoons.
- The output ofsugar isinfluenced by both cane and Gur prices.
a) 2 only
b) Both 1 and 2
c) 1 only
d) Neither 1 nor 2
Answer »Answer: (b)
The erratic trend in production of sugar is mainly due to monsoons and the output ofsugar isinfluenced by both cane and gur prizes.
Question : 34
The Council of Scientific and Industrial Research (CSIR) links 37 constituent laboratories with diverse research portfolios as varied as drug discovery to oceanography. Recently we read in the newspapers that CSIR’s latest imitative is launching of an Open Source Drug Discovery (OSDD) Programme. What is the main purpose of Open Source Drug Discovery (OSDD) Programme?
a) To bring the scientists of the world under one roof
b) To make India self reliant in Drug production
c) To make India a hub of drug research and development
d) To bring down the costs of the new drugs and make them affordable to all
Answer »Answer: (d)
Question : 35
Novelis has been acquired and merged with—
a) HINDALCO
b) Tata Steels
c) Jindal Steels
d) SAIL
Answer »Answer: (a)
In 2007, Novelis was acquired by Hindalco Industries Limited, another veteran of the aluminium business.
Hindalco is the flagship company of the Aditya Birla Group of companies, a multinational conglomerate headquartered in Mumbai.
Following the merger, Novelis became a wholly-owned subsidiary of Aditya Birla Group With the addition of Novelis, Hindalco became the world’s largest aluminium rolling company and one of the biggest producers of primary aluminium in Asia.
IMPORTANT indian economy mcq EXERCISES
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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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