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

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 
Codes: A B C D

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: (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: (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: (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: (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: (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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