industries manufacturing & service sectors section 3 Practice Questions Answers Test with Solutions & More Shortcuts

Question : 6

Which one of the following is correctly matched based on Industry & Status?

a) IOC Navratna

b) Coal India Ltd. Mini-Ratna

c) SAIL Maharatna

d) BHEL Mini-Ratna

Answer: (d)

Bharat Heavy Electricals Limited (BHEL), owned by the Government of India, is a power plant equipment manufacturer and operates as an engineering and manufacturing company.

This Public Sector enterprise has the status of a Maharatna Company

Question : 7

It is argued that continuation of reservation for Small Scale Industries after import liberalisation is anachronistic because

a) Indian small scale manufacturers have to compete with large scale manufacturers from outside

b) Indian SSI units are inherently inefficient

c) such reservation does not exist outside India

d) Indian large scale producers cannot compete in outside markets

Answer: (a)

Question : 8

Consider the following statements about the Navaratna status industries.

  1. Navaratna was originally assigned to nine public sector enterprises in 1997.
  2. The number of PSEs (Public Sector Enterprises) having Navaratna status is now more than 15 industries.
Which of the statements given above is/are correct?

a) 2 only

b) Both 1 and 2

c) 1 only

d) Neither 1 nor 2

Answer: (b)

Navratna was the title given originally to 9 Public Sector Enterprises (PSEs) identified by the government in 1997 as public sector companies that have comparative advantages enjoying greater autonomy to compete in the global market so as to support their drive to become global giants.

However, the number of PSEs (Public Sector Enterprises) having Navaratna status is now more than 15 industries.

Question : 9

Which among the following is the correct full form of SIDO?

a) Sick Industries Development Organization

b) State Industrial Development Organization

c) Small Industries Development Organization

d) Small Industries Development Office

Answer: (b)

Question : 10

Which is the most important company in machine tools?

a) Guindy Machine Tools

b) HMT Machine Tools

c) Praga Tools

d) PMT Machine Tools

Answer: (b)

HMT was founded in 1953.

IMPORTANT indian economy mcq EXERCISES

Industries, Manufacturing & Service Sectors Shortcuts »

Click to Read...

industries manufacturing & service sectors section 3 Online Quiz

Click to Start..
1227 Industries & Service Sectors based indian economy MCQ section 3 question answer explanation pdf

Recently Added Subject & Categories For All Competitive Exams

New 150+ Percentage Questions For IBPS Clerk Prelims 2024

Free Top Percentage Quants Aptitude based Multiple Choice Questions and Answers Practice Test Series, Quiz PDF & Mock Test for IBPS Clerk Prelims 2024 Exam

04-May-2024 by Careericons

Continue Reading »

Classification Reasoning MCQ For IBPS Clerk Prelims 2024

Most Important 100+ Classification based Verbal Reasoning Ability Multiple choice questions and answers PDF, Free New Mock tests For IBPS Clerk Prelims 2024

03-May-2024 by Careericons

Continue Reading »

Ratio and Proportion Questions with Solutions, IBPS Clerk

New Ratio and Proportion Quants Aptitude based Multiple Choice Questions and Answers Practice Test Series, Quiz & Mock Test for IBPS Clerk Prelims 2024 Exam

02-May-2024 by Careericons

Continue Reading »

Top Analogy Reasoning Ability For IBPS Clerk Prelims 2024

Most Important Analogy based Verbal Reasoning Multiple choice questions and answers practice quiz series PDF, Free New Mock tests For IBPS Clerk Prelims 2024

01-May-2024 by Careericons

Continue Reading »