industries manufacturing & service sectors section 8 Practice Questions Answers Test with Solutions & More Shortcuts
Industries, Manufacturing & Service Sectors PRACTICE TEST [10 - EXERCISES]
industries manufacturing & service sectors section 1
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industries manufacturing & service sectors section 10
Question : 16
India has a high export earning from Diamonds. In this context, consider the following:
- High Diamonds Stocks
- Large Production of Industrial Diamonds
- Availability of experts on cutting and polishing
a) Only 3
b) Only 1 & 3
c) Only 1
d) 1, 2 & 3
Answer »Answer: (a)
Question : 17
Which sentence is correct regarding Power?
- A major initiative to expedite power generation has been the development of coal-based Ultra Mega Power Projects (UMPP) each with a capacity of 4000 MW or above.
- Nine sites have been identified including four pithead sites (Chhattisgarh, Jharkhand, Madhya Pradesh and Odisha) and five coastal sites (Andhra Pradesh, Gujarat, Karnataka, Maharashtra and Tamil Nadu).
- The pithead units will get coal from captive mines while the coastal plants will import coal.
a) Only III
b) II & III
c) I & II
d) All the above
Answer »Answer: (d)
A major initiative to expedite power generation has been the development of coal-based Ultra Mega Power Projects (UMPP) each with a capacity of 4000 MW or above.
Nine sites have been identified including four pithead sites (Chhattisgarh, Jharkhand, Madhya Pradesh and Odisha) and five coastal sites (Andhra Pradesh, Gujarat, Karnataka, Maharashtra and Tamil Nadu).
The pithead units will get coal from captive mines while the coastal plants will import coal.
Question : 18
When was the “Package for Promotion of Micro and Small Enterprises” announced?
a) March 2009
b) August 2005
c) November 2010
d) February 2007
Answer »Answer: (d)
In February 2007, a “Package for Promotion of Micro and Small Enterprises” was announced.
This includes measures addressing concerns of credit, fiscal support, cluster-based development, infrastructure, technology, and marketing.
Capacity building of MSME Associations and support to women entrepreneurs are the other important attributes of this package.
Question : 19
The ministry level conference of World Trade Organisation in Dec. 2013 was held in which country?
a) S. Africa
b) Indonesia
c) Singapore
d) Canada
Answer »Answer: (b)
The topmost decision-making body of the WTO is the Ministerial Conference, which usually meets every two years. It brings together all members of the WTO.
The Ministerial Conference can take decisions on all matters under any of the multilateral trade agreements.
The minister-level conference of the World Trade Organization in Dec. 2013 was held in Indonesia.
Question : 20
Consider the statements:
- Small industrial units employ wage-earning labour and production is done by the use of modern techniques.
- Capital investment is also present in small industries
a) Both I & II
b) Only II
c) Only I
d) None of the above
Answer »Answer: (a)
Small industrial units employ wage-earning labour and production is done by the use of modern techniques.
Capital investment is also present in small industries.
IMPORTANT indian economy mcq EXERCISES
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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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