industries manufacturing & service sectors section 4 Practice Questions Answers Test with Solutions & More Shortcuts

Question : 6

Tourism industry in India is quite small compared to many other countries in terms of India’s potential and size. Which one of the following statements is correct in this regard?

a) For most of the months India is too hot for Western tourists to feel comfortable.

b) In India, the infrastructure required for attracting tourists is inadequate.

c) Distances in India are too far apart and its luxury hotels are too expensive for Western tourists.

d) Most of the picturesque resorts in India such as in the northeast and Kashmir are, for all practical purposes, out of bounds.

Question : 7

Consider the following sectors of the Indian economy with respect to share of employment.

1. Agriculture sector
2. Industrial sector
3. Services sector

a) 1, 3, 2

b) 3, 1, 2

c) 1, 2, 3

d) 3, 2, 1

Question : 8

The term ‘bilateral netting’ is related to which of the following?

a) Power sector contracts

b) Inter-government contracts

c) Financial contracts

d) Tax avoidance related contracts

Question : 9

Consider the following statements :

1. MMTC limited is India’s largest international trading organisation.
2. Neelanchal Ispat Nigam Limited has been set up by MMTC jointly with the government of Odisha.

a) 2 only

b) Both 1 and 2

c) 1 only

d) Neither 1 nor 2

Question : 10

The policy of Special Economic Zone (SEZ) in India was implemented with effect from

a) Nov. 2000

b) Nov. 1998

c) Feb. 2002

d) Dec. 1999