industries manufacturing & service sectors section 4 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 : 31
Which is the most important company in machine tools?
a) Guindy Machine Tools
b) HMT Machine Tools
c) PMT Machine Tools
d) Praga Tools
Answer »Answer: (b)
HMT was founded in 1953. HMT Machine tools offer a wide array of high technology tool machine tool solutions to cater for every manufacturing requirement.
PMT Mechanical tools ltd. : largest machine tool manufacturing company in India.
Pragatools ltd. : Established in 1943 to manufacture machine tools with its headquarter Secunderabad.
Question : 32
Which of the following funds was established in India in 1992 to provide assistance to cover the costs of retraining and redeployment of employees arising as a result of modernization, technology up gradation and industrial restructuring?
a) National Insurance Fund
b) National Up-gradation Fund
c) National Renewal Fund
d) National Social Security Fund
Answer »Answer: (c)
Question : 34
Consider the following statements :
- MMTC limited is India’s largest international trading organisation.
- Neelanchal Ispat Nigam Limited has been set up by MMTC jointly with the government of Odisha.
a) Both 1 and 2
b) 1 only
c) 2 only
d) Neither 1 nor 2
Answer »Answer: (a)
MMTC Ltd., Metals and Minerals Trading Corporation of India, is one of the two highest earners of foreign exchange for India and India’s largest public-sector trading body.
Neelachal Ispat Nigam Limited (NINL), is a company promoted by MMTC Ltd, Industrial Promotion and Investment Corporation of Odisha Limited (IPICOL).
Question : 35
Disguised unemployment generally means
a) alternative employment is not available
b) productivity of workers is low
c) large number of people remain unemployed
d) marginal productivity of labour is zero
Answer »Answer: (d)
Disguised unemployment is a situation when people do not have productive full-time employment, but are not counted in the official unemployment statistics.
IMPORTANT indian economy mcq EXERCISES
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500+ Indian Industries & Service Sectors GK MCQ For IBPS »
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500+ Industry & Manufacturing Sectors GK Online MCQ Quiz »
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New 599+ Indian Economy Trade & Commerce GK MCQ Quiz PDF »
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Top Indian Manufacturing Industries GK MCQ Quiz For UPSC »
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500+ Industries & Service Sector Question And Answer Test »
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New 500+ Indian Secondary & Tertiary Sectors GK MCQ Test »
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500+ Indian Manufacturing & Service Sector GK MCQ For SSC »
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Top Industry & Manufacturing Sector Questions Answers PDF »
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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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