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

Question : 36

Which of the following is not an internal factor for industrial sickness?

a) Power shortage

b) Diversion of funds

c) Mismanagement

d) Wrong dividend policy

Question : 37

Which statement is correct regarding road transport?

1. India has one of the largest road networks in the world aggregating to about 3.62 million km at present.
2. Three initiatives in the road sector were begun in recent years: The National Highway Development Project (NHDP), Pradhan Mantri Bharat Jodo Pariyojana (PMBJP) and Pradhan Mantri Gram Sadak Yojana (PMGSY)
3. NHDP dealt with building high-quality highways. The PNBJP dealt with linking up major cities to the NHDP Highways. The PMGSY addressed rural roads.

a) Only I

b) II & III

c) I & II

d) All the above

Question : 38

Which one of the following is a raw material oriented industry?

a) Petroleum industry

b) Sugar industry

c) Light engineering industry

d) Ship Industry

Question : 39

When was the “Package for Promotion of Micro and Small Enterprises” announced?

a) March 2009

b) August 2005

c) February 2007

d) November 2010

Question : 40

The philosophy of “Invisible hand” was given by:

a) Adam Smith

b) Milton Freidman

c) Karl Marx

d) John Maynard Keynes