industries manufacturing & service sectors section 2 Practice Questions Answers Test with Solutions & More Shortcuts

Question : 36

Consider the following statements:

  1. The policy listed out the various Appendix 1 industries that could be started by large business houses so that small industries were not driven out of business.
  2. The establishment of small and medium industries was encouraged.
  3. Private industries were encouraged to set up production units in rural areas and in backward areas with a vision to give thrust for the economic development of those areas.
Which statement is /are correct regarding Industrial Policy 1973:

a) Only III

b) II & III

c) I & II

d) All the above

Answer: (d)

The policy listed out the various Appendix 1 industries that could be started by large business houses so that small industries were not driven out of business. The establishment of small and medium industries was encouraged.

Private industries were encouraged to set up production units in rural areas and in backward areas with a vision to give thrust for the economic development of those areas.

Question : 37

In which city the government has planned the establishment of a Central Aviation University?

a) Gurgaon

b) New Delhi

c) Rai Bareli

d) Bengaluru

Answer: (c)

The first-ever national aviation university in the country named after Rajiv Gandhi to train pilots, cabin crew and aircraft engineers would come up at Rai Bareli in Uttar Pradesh.

Question : 38

Which unit of the Hindustan Copper Ltd is the first copper smelting unit in India?

a) Indian Copper Complex (Jharkhand)

b) Malanjkhand Copper Project (MP)

c) Khetri Copper Complex (Rajasthan)

d) Tajola Copper Project (Maharashtra)

Answer: (b)

  1. Malanjkhand Copper Project was established in 1982. The initial project has been set up by Hindustan Copper Ltd to exploit the copper ore through an open-pit mine.
  2. Khetari Copper complex (1967): It is developed & maintained by Hindustan copper ltd.
  3. Indian copper complex (1930): Process plant to produce 19000 TPA of referred copper.
  4. Tajola copper project (1989): Plant to produce 60,000 TPA of continuous cast wire rod.

Question : 39

Which of the following is/are cause(s) of slow growth of private enterprises in India’s industrialization (1850-1957)?

a) Banking was not highly developed & was more concerned with commerce rather than industry.

b) Unimaginative private enterprise, short-sighted Indian industrialists.

c) complete absence of financial institutions to help transfer of savings to industrial investment.

d) All of these

Answer: (d)

Causes of slow growth

  1. British rule
  2. Lack of social mobility
  3. Shortage of capital
  4. Under developed capital market
  5. Agrarian system
  6. Decline of Indian Crafts
  7. Lack of Indian infrastructure
  8. Shortage of skilled labour

Question : 40

Consider the following statements :

  1. The first petrochemical industry in India was started with the establishment of the National organic chemical industry limited in the sixties.
  2. The real thrust of the petrochemical industry in India came with the establishment of the Indian Petrochemical Corporation Limited (IPCL) at Baroda.
Which of the statements given above is/are Correct:

a) Both 1 and 2

b) 1 only

c) 2 only

d) Neither 1 nor 2

Answer: (a)

The first petrochemical industry in India was started with the establishment of National Organic Chemical Industry Limited in 1961.

The company manufacture various organic and inorganic chemicals.

The real thrust of the Petrochemical industry in India came with the establishment of Indian Petrochemical Corporation Limited (IPCL) at Baroda on March 22, 1969, with a view to promote and encourage the use of plastics in India.

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