industries manufacturing & service sectors section 3 Practice Questions Answers Test with Solutions & More Shortcuts
Industries, Manufacturing & Service Sectors PRACTICE TEST [10 - EXERCISES]
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industries manufacturing & service sectors section 10
Question : 22
Industrial Policy 1991 mainly focuses on which points?
- Deregulating Indian industry.
- Allowing the industry freedom & flexibility in responding to market forces
- Providing a policy regime that facilitates and fosters the growth of Indian industry.
a) Only III
b) II & III
c) I & II
d) All the above
Answer »Answer: (d)
Deregulating Indian industry.
Allowing the industry freedom & flexibility in responding to market forces and providing a policy regime that facilitates and fosters the growth of Indian industry.
Question : 23
What is/are the recent policy initiative of government of India to promote the growth of manufacturing sector?
- Setting up of National Investment and Manufacturing Zones.
- Providing the benefit of single window clearance.
- Establishing the technology acquisition and development fund.
a) 2 and 3
b) 2 only
c) 1 and 3
d) 1, 2 and 3
Answer »Answer: (d)
The recent policy initiative of Government of India to promote the growth of manufacturing sector is setting up of National Investment and manufacturing zones, providing the benefit of single window clearance and establishing the technology acquisition and development.
Question : 24
National Renewal Fund was constituted for the purpose of :
a) Social security
b) Rural reconstruction
c) Providing pension for retiring employees.
d) Restructuring and modernisation of industries
Answer »Answer: (a)
The National Renewal Fund (NRF), was set up in February 1992. It aims to provide a social safety net to protect the workers in industrial enterprises from possible adverse consequences of the new economic policy.
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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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