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

Answer: (d)

The correct correlation of industries and their fields are :

1. Basic industry — petroleum
2. Strategic industry — Arms and Ammunition
3. Critical industry — Automobile
4. Goods based industry — Fertilizer

Answer: (b)

Miniratna public sector enterprises can be a joint venture, set subsidiary company or overseas office but with certain conditions

i.e., Miniratna-I is up to Rs. 500 crore or equal to their net worth, whichever is lower. Miniratna-II: is up to Rs. 300 crore or up to 50% of their net worth, whichever is lower.

Till now there are more than 50 public sector enterprises that have been given Miniratna status by the Indian government.

Answer: (b)

Airport Authority of India (AAI) awarded bids for Ahmedabad, Jaipur, Lucknow, Thiruvananthpuram, Mangaluru and Guwahati in Feb 2019 on a per passenger fee basis.

AAI selected Adani Enterprises for all the six airports as Adani quoted the highest bid (per passenger fee), and now it will have to give the fee to AAI on a per passenger basis depending on how many passengers travel through that airport.

Recently, a new airport in the NCR region, “Yamuna International Airport Private Limited (YIAPL)” was bid out on the same model to Zurich International. The company offered Rs. 400.97 per passenger fee to AAI.

Answer: (c)

The National Renewal Fund (NRF), was set up in February 1992. It aims to provide a social safety net to protect the workers in industrial enterprises from possible adverse consequences of the new economic policy.

Answer: (a)

In order to give impetus to hydro power growth in the country and to have a balanced portfolio of power generation, NTPC entered hydro power business with the 800 MW Koldam hydro project in Himachal Pradesh. Two more projects have also been taken up in Uttarakhand.