industries manufacturing & service sectors section 9 Practice Questions Answers Test with Solutions & More Shortcuts

Answer: (c)

Pradhan Mantri Ujjwala Yojana (PMUY) is a scheme of the Ministry of Petroleum & Natural Gas for providing LPG connections (and not the cylinder, as cylinders were already subsidized before this scheme) to women from Below Poverty Line (BPL) households.

LPG connection under this Scheme shall be in the name of the women belonging to the BPL family.

The scheme aims to safeguard the health of women & children by providing them with a clean cooking fuel – LPG so that they do not have to compromise their health in smoky kitchens or wander in unsafe areas collecting firewood.

Till now there are more than 8 crore beneficiaries.

Answer: (c)

The meeting of the World Economic Forum (WEF) India-2013 in Nov. 2013 was held in Kochi.

World Economic Forum is an independent international organization committed to improving the state of the world by engaging business, political, academic and other leaders of society to shape global, regional and industry agendas.

Answer: (b)

SDR (Special Drawing Rights) is an international financing instrument created in 1970 by the International Monetary Fund (IMF).

It is also called paper gold, an SDR is neither paper nor gold but an accounting entry. It is not backed by any currency or precious metal and is used only among governments and IMF for the balance of payments settlements.

Answer: (b)

Because Reserve requirements are designed as “precautionary measures” and not to stop banks from “excessive” profit. 

Answer: (c)

1. Reliance-Mukesh Ambani,
2. Wipro-Azim Premji,
3. Airtel- Sunil Bharati Mittal and
4. Nano Car-Ratan Tata.

Wipro was established by Mohamed Hasham Premji in 1945 as a vegetable manufacturer in Amalner, Maharashtra.