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

Question : 36

What were the policy measures taken under Industrial Policy 1991?

1. Non-Resident Indians Scheme (NRIs are allowed to invest up to 100% equity on a non-repatriation basis in all activities except for a small negative list).
2. Electronic Hardware Technology Park (EHTP), Software Technology Park (STP) Scheme for building up the strong electronic industry to enhance exports.
3. Liberalised policy for Foreign Direct Investment (FDI).
4. Abolition of the MRTP limit.

a) Only II

b) III & IV

c) I & III

d) All the above

Question : 37

Consider the following statements:

1. Share of MSME sector is around 30% in overall GDP of our country
2. Share of MSME sector is around 40% in overall exports of the country

a) (i) only

b) Both (i) & (ii)

c) (ii) only

d) Neither (i) nor (ii)

Question : 38

Consider the following statements :

1. National Thermal Power Corporation has diversified into hydropower sector.
2. Power Grid Corporation of India has diversified into telecom sector.

a) 2 only

b) Both 1 and 2

c) 1 only

d) Neither 1 nor 2

Question : 39

In which state of India is the maximum poverty ratio calculated by the Planning Commission?

a) Jharkhand

b) Bihar

c) Chhattisgarh

d) Odisha

Question : 40

Consider the following statements about Tata Steel:

1. It is Asia’s first privately own integrated iron and steel plant.
2. It is the first company outside Japan to get the Deming Application Prize in 2008 for excellence in total quality management
3. Immediately after the enactment of the Provident Fund Law in India, Tata Steel introduced a provident funds for its employees.
4. It is the first company in the world to get social accountability 8000 certifications from the social accountability international from the USA.

a) 1, 2 and 3

b) 2 and 3

c) 3 and 4

d) 1, 2, 3 and 4