indian industries & trade section 7 Practice Questions Answers Test with Solutions & More Shortcuts
Industries & Trade in India PRACTICE TEST [7 - EXERCISES]
indian industries & trade section 1
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indian industries & trade section 7
Question : 11 [SSC CML 1999]
Which of the following industries most closely approximates the perfectly competitive model?
a) Newspaper
b) Cigarette
c) Automobile
d) Wheat farming
Answer »Answer: (d)
In economic theory, perfect competition describes markets such that no participants are large enough to have the market power to set the price of a homogeneous product. Agricultural products are the most commonly used example of perfect competition.
First of all, they are homogenous products and neither consumer nor producer has influence over prices, they are simply price takers.
Question : 13 [BPSC (Pre) 2005]
Which one of the following statements about energy production and consumption in India is not correct?
a) The non-conventional sources of energy contribute less than one percent of the total commercial energy produced in India
b) The per capita energy consumption in the world is the loWest in India
c) During the last decade energy production in India has shown a declining trend
d) Industry is the major energy consuming sector in India
Answer »Answer: (a)
Question : 14 [SSC CGL 2016]
Heavy water is manufactured at which of the following places?
a) Delhi
b) Patna
c) Trombay
d) Bhilai
e) None of these
Answer »Answer: (e)
Heavy Water Board (HWB), a constituent unit under the Department of Atomic Energy in the Government of India, manufactures heavy water (Deuterium Oxide–D2O) at seven heavy water plants that are located in Baroda, Hazira, Kota, Manuguru, Talcher, Thal, and Tuticorin.
Heavy water is used as a ‘moderator’ and ‘Coolant’ in nuclear power as well as research reactors (Source: Heavy Water Board, Department of Atomic Energy, Government of India).
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