industries manufacturing & service sectors section 7 Practice Questions Answers Test with Solutions & More Shortcuts
Industries, Manufacturing & Service Sectors PRACTICE TEST [10 - EXERCISES]
industries manufacturing & service sectors section 1
industries manufacturing & service sectors section 2
industries manufacturing & service sectors section 3
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industries manufacturing & service sectors section 9
industries manufacturing & service sectors section 10
Question : 36
List I | List II |
(Industries) | (Industrial Centres) |
A. Pearl fishing | 1. Pune |
B. Automobiles | 2. Tuticorin |
C. Shipbuilding | 3. Pinjore |
D. Engineering goods | 4. Marmagao |
a) A – 1; B – 2; C – 4; D – 3
b) A – 2; B – 1; C – 3; D – 4
c) A – 2; B – 1; C – 4; D – 3
d) A – 1; B – 2; C – 3; D – 4
Answer »Answer: (c)
Industries – Industrial centres
(A) Pearl fishing – Tuticorin
(B) Automobile industry– Pune
(C) Shipbuilding – Marmagao
(D) Engineering goods– Pinjore
Question : 37
The sales tax you pay while purchasing a toothpaste is a
a) tax imposed by the Central Government but collected by the State Government
b) tax imposed and collected by the State Government
c) tax imposed by the Central Government
d) tax imposed by the State Government but collected by the Central Government
Answer »Answer: (b)
Taxes on tooth paste come under GST which is administered by State government.Sales tax is paid to sales tax authority in the state from where the goods are moved.
Question : 38 [CDS-2015-II]
Which one of the following is not correct in the context of industrial clusters development in India?
a) Industrial cluster programmes in India are administered by various ministries
b) Industrial clusters play an important role for the MSME participants in their inclusiveness, technology absorption and efficiency improvement
c) Industrial clusters are visible in traditional handloom, handicrafts and modern SME
d) Industrial clusters lead to promotion of monopoly in the market
Answer »Answer: (d)
Industrial clusters development has an objective to support the sustainability and growth of small and medium enterprises in India.
This scheme is governed and administered by the Ministry of micro, small and medium enterprises.
Question : 39
Which ministry/department grants "Infrastructure Status" to the various sectors:
a) Department of Economic Affairs, Ministry of Finance
b) Reserve Bank of India (RBI)
c) Department of Financial Services, Ministry of Finance
d) None of the above
Answer »Answer: (a)
"Department of Economic Affairs", Ministry of Finance grants "Infrastructure Status" to the various sectors.
Question : 40
Where is the headquarter of World Bank located?
a) New York
b) Geneva
c) Washington D.C.
d) Rome
Answer »Answer: (c)
The World Bank was created at the 1944 Bretton Woods Conference, along with three other institutions, including the International Monetary Fund (IMF).
World Bank provides loans to developing countries for capital programs. The headquarter of the World Bank is located in Washington D.C.
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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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