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

Answer: (c)

A person having the debentures is called a debenture holder whereas a person holding the shares is called a shareholder. A shareholder subscribes to the shares of a company.

Shares are the parts of share capital. On the other hand, debenture-holders are the subscribers to debentures. Debentures are part of loans.

A shareholder or member is the joint owner of a company, but a debenture holder is only a creditor of the company.

Answer: (a)

Answer: (d)

Eight Core sectors in India include Coal, Crude Oil, Natural Gas, Refinery Products, Fertilizers, Steel, Cement and Electricity. Chemical is not included in this Sector.

Answer: (d)

Competition Commission of India is a body of the government of India responsible for enforcing the Competition Act, 2002 throughout India and to prevent activities that have an adverse effect on competition in India. It was established on 14 October 2003.

The goal is to combat the monopoly tendencies and faster the competition among public sector enterprises. CCI (Competition Commission of India) consists of a chairperson and 6 members appointed by the central government.

Answer: (a)

This rise in wholesale food prices was not captured by WPI as the weightage for food articles is just 14.3% compared to 65% for manufactured products in this index.

On the other hand, the weightage for food is 57% in CPI items which captures the impact of food prices better. Further, wholesale prices do not take into account the substantial margins at the retail level, which tend to rise when there are shortages.