industries manufacturing & service sectors section 8 Practice Questions Answers Test with Solutions & More Shortcuts

Question : 1

An increase in the Bank Rate generally indicates that the

a) Central Bank is no longer making loans to commercial banks

b) Central Bank is following a tight money policy

c) market rate of interest is likely to fall

d) Central Bank is following an easy money policy

Question : 2

Arrange in decreasing order the percentage share in power generation capacity:

a) Private > Central > States

b) Private > States > Central

c) Central > Private > States

d) Central > States Private

Question : 3

Correlate the following;

a) 1 4 2 3

b) 4 2 3 1

c) 4 1 2 3

d) 2 4 3 1

Question : 4

Consider the following statements:

1. The per capita consumption of plastics in India is the highest in the world.
2. The petrochemical industry in India gives a big boost to small scale industries.

a) 2 only

b) Both 1 and 2

c) 1 only

d) Neither 1 nor 2

Question : 5

In which among the following years, a new “ Liberalized Industrial Policy “ in India was announced for the first time?

a) 1991

b) 1993

c) 1986

d) 1992