industries manufacturing & service sectors section 3 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
industries manufacturing & service sectors section 5
industries manufacturing & service sectors section 6
industries manufacturing & service sectors section 7
industries manufacturing & service sectors section 8
industries manufacturing & service sectors section 9
industries manufacturing & service sectors section 10
Question : 1
Despite having large reserves of coal, why does India import millions of tonnes of coal?
- It is the policy of India to save its own coal reserves for future, and import it from other countries for the present use.
- Most of the power plants in India are coal-based and they are not able to get sufficient supplies of coal from within the country.
- Steel companies need large quantity of coking coal which has to be imported.
a) 1 and 3
b) 2 and 3
c) 1 only
d) 1, 2 and 3
Answer »Answer: (b)
Question : 2
Which statement is correct regarding railways?
- The first train in India was started on a small rail route of 34 kilometres between Bombay and Thane on April 16, 1853.
- The Indian Railway network has become the biggest railway in Asia and the third in the world
- Within the freight segment, bulk traffic accounts for nearly 84% of revenue-earning freight traffic (in physical terms), of which about 44% is coal.
a) II & III
b) Only III
c) I & II
d) All the above
Answer »Answer: (d)
Question : 3 [NDA/NA-SP-2016-I]
Division of labour often involves
- specialized economic activity.
- higly distinct productive roles.
- involving everyone in many of the same activities.
- individuals engage in only a single activity and are dependent on others to meet their various needs.
a) 3 only
b) 1, 3 and 4 only
c) 1, 2 and 4 only
d) 2 and 4 only
Answer »Answer: (c)
Question : 4
Arrange the following Acts in order in which they were enacted. Use the codes given below.
- The Industrial Employment (Standing orders) Act.
- The Indian Trade Unions Act
- The Industrial Disputes Act
- The Employment Exchange (Compulsory Notification) Act
a) 1, 2, 4, 3
b) 3, 4, 1, 2
c) 2, 1, 3, 4
d) 4, 3, 2, 1
Answer »Answer: (c)
Question : 5
Who is the newly elected chairman of Life Insurance Corporation of India?
a) Thomas Matthew
b) S.K. Roy
c) Shashikant Sharma
d) D.K. Malhotra
Answer »Answer: (b)
S.K. Roy is the newly elected chairman of Life Insurance Corporation of India. Roy has succeed D.K. Mehrotra. LIC is the largest Indian life insurance company with new business premium collections of Rs. 76,246 crore in 2012–13.
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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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