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

Question : 16

Which of the following commissions / companies of Indian origin signed a pact for obtaining oilblocks in Libya?

a) ONGC

b) Reliance petroleum

c) BPCL

d) Oil India Ltd.

Answer: (d)

Oil sector majors, ONGC Videsh (OVL) and the Oil India-IndianOil (OIL-IOC) combine have bagged an oil block each in Libya.

This will enhance exploration possibilities for the Indian companies in northern Africa.

Question : 17

The term “Open access” in electricity means which of the following:

a) Large consumers have access to the transmission and distribution network to obtain electricity from the suppliers of their choice

b) Any consumer of electricity can also generate electricity from their own resource and can feed on to the distribution network.

c) Large consumers can choose the distribution company of their choice

d) Distribution companies can choose from which of the power producers they want to purchase power without government interference

Answer: (a)

Open access is the non-discriminatory use of transmission and distribution infrastructure of the licensees by consumers with demand greater than or equal to 1MW for procuring electricity from the source of their choice.

Question : 18

The slack season in the Indian economy is

a) Jan-June

b) Feb-April

c) Mar-April

d) Sept-Dec

Answer: (a)

The slack season in the Indian economy is Jan- June.

Question : 19

What does PKI stands for?

a) Public Key Infrastructure

b) Public Key Institute

c) Private Key Infrastructure

d) Primary Key Infrastructure

Answer: (a)

PKI stands for Public Key Infrastructure. The Reserve Bank of India released a draft report on making payment system effective to secure a safe, secure, efficient, robust and sound payment system in the country.

Question : 20

Who among the following are the beneficiaries of the MAFALDA?

a) Jobless Youth

b) Small and Marginal Farmers

c) Landless Laborers

d) Small Industries

Answer: (b)

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1233 Manufacturing & Service Sectors based indian economy MCQ section 9 question answer pdf

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