industries manufacturing & service sectors section 7 Practice Questions Answers Test with Solutions & More Shortcuts

Question : 1

Kuwait’s biggest Mobile Telecommunication Company known as Zain has been bought by—

a) Vodafone

b) Bharti Airtel

c) Aircel

d) Reliance Communication

Question : 2

Consider the following statements about the Competition Commission of India.

1. Competition Commission of India (CCI) was established with effect from 14th October 2003.
2. The goal is to combat the monopoly tendencies and faster the competition among public sector enterprises.
3. CCI (Competition Commission of India) consists of a chairperson and 6 members appointed by the central government.

a) 2 only

b) 1 and 2

c) 1 only

d) All of the above

Question : 3

What is the major contribution of the Electronics industry to the country?

a) Improved standard of living

b) Maximised wealth formation

c) Encouraged employment

d) Reduced poverty

Question : 4

In India the public sector is the most dominant in

a) organized term-ending financial institution

b) commercial banking

c) steel production

d) transport

Question : 5

Which statement is correct regarding information technology?

1. The IT industry is the biggest private-sector employer in India, and it added 230,000 employees in 2014-15, thus making the total number of jobs in the industry close to 3.5 million.
2. The IT sector also accounted for 9.5% of the gross domestic product. The IT industry holds the largest share of total services exports at 38%.

a) Both I & II

b) Only II

c) Only I

d) None of these