industries manufacturing & service sectors section 5 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 : 21 [CDS-2016-I]
Which of the following statements regarding the chemical industry in India is /are correct?
- Chemical industry is one of the oldest industries in India
- Dyestuff sector is one of the important segments of chemical industry
- Textile industry accounts for the largest consumption of dyestuffs
a) 1 and 3 only
b) 1 only
c) 2 and 3 only
d) 1,2 and 3
Answer »Answer: (d)
Dyestuff sector is one of the important segments of chemical industry.
Chemical industry is one of the oldest industries in India.
The maximum consumption of dyestuffs is in Textile industry.
Question : 22
Consider the following statements:
- Small Industry Development Bank of India (SIDBI) was set up as a whole owned subsidiary of the RBI.
- SIDBI has taken over the responsibility of administering small industry development funds managed by the IDBI.
a) 1 and 2
b) None
c) 1 only
d) 2 only
Answer »Answer: (d)
Small Industries Development Bank of India (SIDBI) is a non-independent financial institution aimed to aid the growth and development of micro, small and medium-scale enterprises.
It was incorporated initially as a wholly-owned subsidiary of the Industrial Development Bank of India.
SIDBI has taken over the responsibility of administering small industry development funds managed by the IDBI.
Question : 23
For which one of the following items, is Tiruppur well known as a huge exporter to many parts of the world?
a) Knitted Garments
b) Gems and Jewellery
c) Leather Goods
d) Handicrafts
Answer »Answer: (a)
Tiruppur is the “knitwear capital” of India. It has spurred up the textile industry in India for the past three decades. It contributes to a huge amount of foreign exchange in India. The city exports Rs. 120 billion worth of goods. Netaji Apparel Park has 53 companies manufacturing knitwear for exports.
Each unit will be a model to answer the requirements of international standards in all aspects. In addition to an investment of 920 million on infrastructure and factory buildings, about 3 billion is being invested in machinery. The NAP presently provides employment to 15,000 people and generates export revenue of Rs. 15 billion from the apparel produced in it.
There are about 3000 sewing units, 1326 knitting units, 730 dyeing units and other ancillary units. Some of the world’s largest retailers including C&A, Switcher SA, Walmart, Primark, Oviesse, Switcher, Polo Ralph Lauren, Diesel, Tommy Hilfiger, M&S, FILA, H&M, Reebok import textiles and clothing from Tirupur.
Question : 24
Which of the following is/are cause(s) of slow growth of private enterprises in India’s industrialization (1850-1957)?
a) Banking was not highly developed & was more concerned with commerce rather than industry.
b) Unimaginative private enterprise, shortsighted Indian industrialists.
c) All of these
d) complete absence of financial institutions to help transfer of savings to industrial investment.
Answer »Answer: (c)
Question : 25
Consider the following statements regarding the newly launched "Toll Operate-Transfer (TOT)" model in the road sector:
- Toll revenue collection rights are auctioned to private players for long term
- Toll revenue need to be shared with the government authority
- Already constructed roads are given to private players
a) (i) only
b) (i) & (iii) only
c) (ii) only
d) (ii) & (ii) only
Answer »Answer: (b)
NHAI is giving the already public-funded/constructed highway projects through the TOT model to private players.
NHAI is transferring these operational projects on a long-term lease basis to domestic and foreign investors so that it can use the upfront receivables exclusively for funding the construction of other/new highways.
Under Toll-Operate-Transfer (TOT) model, the bidder quoting the maximum upfront amount (to be given to NHAI) wins the bid.
The successful bidder will be responsible to collect the toll for the lease period (generally for 30 years) and will operate and maintain the road. (It is a PPP model)
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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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