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- Question 1 of 20
1. Question
Which of the following benefits are likely to accrue to India from the World Trade Organisation? [1995]
1. India’s share in the world trade is to go up from the present 600 million US dollars to 5 billion US dollars by 2000 AD.
2. It will help boost exports of agricultural commodities from India.
3. India’s share in the world trade is likely to triple by the year 2000 A.D.CorrectWorld Trade Organization is attempting to lower trade barriers across nations. Hence export of all member nations will go up.
IncorrectWorld Trade Organization is attempting to lower trade barriers across nations. Hence export of all member nations will go up.
UnattemptedWorld Trade Organization is attempting to lower trade barriers across nations. Hence export of all member nations will go up.
- Question 2 of 20
2. Question
Local supply of coal is not available to: [1996]
CorrectVSL Bhadravati located in Karnataka is the only iron and state plant which does not have capative coal mines and is situated outside the coal producing area. The plant switched over to electric furnaces after the completion of Mahatma Gandhi Hydel Power Station.
IncorrectVSL Bhadravati located in Karnataka is the only iron and state plant which does not have capative coal mines and is situated outside the coal producing area. The plant switched over to electric furnaces after the completion of Mahatma Gandhi Hydel Power Station.
UnattemptedVSL Bhadravati located in Karnataka is the only iron and state plant which does not have capative coal mines and is situated outside the coal producing area. The plant switched over to electric furnaces after the completion of Mahatma Gandhi Hydel Power Station.
- Question 3 of 20
3. Question
Scheme of (i) Urban Micro-Enterprises, (ii) Urban Wage Employment and (iii) Housing and Shelter Upgradation are parts of: [1997]
CorrectThe Nehru Rozgar Yojana (1989) has been designed to provide employment to the urban unemployed and under-employed poor.
IncorrectThe Nehru Rozgar Yojana (1989) has been designed to provide employment to the urban unemployed and under-employed poor.
UnattemptedThe Nehru Rozgar Yojana (1989) has been designed to provide employment to the urban unemployed and under-employed poor.
- Question 4 of 20
4. Question
The contribution of India’s small scale sector to the gross turnover in the manufacturing sector since 1992 has been of the order of: [1997]
CorrectThe contribution of small scale industries to employment and exports is substantial. The sector contributes over 40 percent of the gross turnover in the manufacturing sector, 45 percent of manufactured exports and 25 percent of total exports. As in 2015.
IncorrectThe contribution of small scale industries to employment and exports is substantial. The sector contributes over 40 percent of the gross turnover in the manufacturing sector, 45 percent of manufactured exports and 25 percent of total exports. As in 2015.
UnattemptedThe contribution of small scale industries to employment and exports is substantial. The sector contributes over 40 percent of the gross turnover in the manufacturing sector, 45 percent of manufactured exports and 25 percent of total exports. As in 2015.
- Question 5 of 20
5. Question
Which of the following places are known for paper manufacturing industry? [1997]
1. Yamuna Nagar
2. Guwahati
3. Shahabad
4. Ballarpur
Choose the correct answer using the codes given below:CorrectYamuna Nagar, Guwahati and Ballarpur are famous for paper manufacturing industry. Yamuna Nagar is in Haryana, Guwahati is in Assam and Ballarpur is in Maharashtra.
IncorrectYamuna Nagar, Guwahati and Ballarpur are famous for paper manufacturing industry. Yamuna Nagar is in Haryana, Guwahati is in Assam and Ballarpur is in Maharashtra.
UnattemptedYamuna Nagar, Guwahati and Ballarpur are famous for paper manufacturing industry. Yamuna Nagar is in Haryana, Guwahati is in Assam and Ballarpur is in Maharashtra.
- Question 6 of 20
6. Question
Match List-I with List-II and select the correct answer: [1997]
List-I List-II
(Hazardous industries) (Located at)
A. Glass Industry 1. Moradabad
B. Brassware Industry 2. Marakpur
C. Slate Industry 3. Ferozabad
D. Handmade Carpet Industry 4. Mirzapur
Codes:CorrectHazardous industries Location
A. Glass Industry – Firozabad
B. Brassware Industry – Moradabad
C. Slate Industry – Marakpur
D. Handmade Carpet Industry – Mirzapur
All these industries use child labour filling of a public interest petition in the Supreme Court is pending.IncorrectHazardous industries Location
A. Glass Industry – Firozabad
B. Brassware Industry – Moradabad
C. Slate Industry – Marakpur
D. Handmade Carpet Industry – Mirzapur
All these industries use child labour filling of a public interest petition in the Supreme Court is pending.UnattemptedHazardous industries Location
A. Glass Industry – Firozabad
B. Brassware Industry – Moradabad
C. Slate Industry – Marakpur
D. Handmade Carpet Industry – Mirzapur
All these industries use child labour filling of a public interest petition in the Supreme Court is pending. - Question 7 of 20
7. Question
Consider the following statements: [1998]
The price of any currency in international market is decided by the:
1. World Bank
2. Demand for goods/services provided by the country concerned
3. Stability of the government of the concerned country
4. Economic potential of the country in question of these statements
Codes:CorrectExport and import levels of a country and political stability are very crucial for the market price of the nations currency.
IncorrectExport and import levels of a country and political stability are very crucial for the market price of the nations currency.
UnattemptedExport and import levels of a country and political stability are very crucial for the market price of the nations currency.
- Question 8 of 20
8. Question
Some time back, the Government of India, decided to de-license ‘white goods’ industry. ‘White goods’ include: [1998]
CorrectWhite goods are large electrical goods used domestically such as air conditioners, refrigerators, cooking range etc., which had a white enamel finish. Despite their availability in varied colours now, they are still called white goods. The term is used where British English is spoken. In the year 1993 the govt. of India had decided to de-licence these goods.
IncorrectWhite goods are large electrical goods used domestically such as air conditioners, refrigerators, cooking range etc., which had a white enamel finish. Despite their availability in varied colours now, they are still called white goods. The term is used where British English is spoken. In the year 1993 the govt. of India had decided to de-licence these goods.
UnattemptedWhite goods are large electrical goods used domestically such as air conditioners, refrigerators, cooking range etc., which had a white enamel finish. Despite their availability in varied colours now, they are still called white goods. The term is used where British English is spoken. In the year 1993 the govt. of India had decided to de-licence these goods.
- Question 9 of 20
9. Question
The rough outline map given shows centres of cement industry labelled 1, 2, 3 and 4. Match these centres with the following sets of names: [1998]
Names:
A. Katni
B. Tirunelveli
C. Sikka
D. Churk
Select the correct answer using the codes given below:
Codes:CorrectIn the rough outline map of India show centres of cement industry:
‘1’ Sikka in Gujarat.
‘2’ Katni in Madhya Pradesh.
‘3’ Churk in Uttar Pradesh.
‘4’ Tirunelveli in Tamil Nadu.
All the places have cement industries.
IncorrectIn the rough outline map of India show centres of cement industry:
‘1’ Sikka in Gujarat.
‘2’ Katni in Madhya Pradesh.
‘3’ Churk in Uttar Pradesh.
‘4’ Tirunelveli in Tamil Nadu.
All the places have cement industries.
UnattemptedIn the rough outline map of India show centres of cement industry:
‘1’ Sikka in Gujarat.
‘2’ Katni in Madhya Pradesh.
‘3’ Churk in Uttar Pradesh.
‘4’ Tirunelveli in Tamil Nadu.
All the places have cement industries.
- Question 10 of 20
10. Question
Consider the following statements: [1999]
Small-scale industries are, in most cases, not as efficient and competitive as the large-scale ones. Yet the Government provides preferential treatment and reservations in a range of products to the small firms because small-scale industries:
1. provide higher employment on a per unit capital deployment basis
2. promote a regional dispersion of industries and economical activities
3. have performed better in export of manufactured products than the large scale ones
4. provide jobs to low-skill workers, who otherwise may not find employment avenues elsewhere
Which of the above statements are correct?CorrectSSI contribution to Indian exports is 35% and in the total manufacturing turnover contribute approximately 40%. Small scale, industries have a low capital output ratio and give employment to larger number of workers. As they use raw material that can be dispersed over a wider area.
IncorrectSSI contribution to Indian exports is 35% and in the total manufacturing turnover contribute approximately 40%. Small scale, industries have a low capital output ratio and give employment to larger number of workers. As they use raw material that can be dispersed over a wider area.
UnattemptedSSI contribution to Indian exports is 35% and in the total manufacturing turnover contribute approximately 40%. Small scale, industries have a low capital output ratio and give employment to larger number of workers. As they use raw material that can be dispersed over a wider area.
- Question 11 of 20
11. Question
From the balance sheet of a company, it is possible to: [1999]
CorrectIn financial accounting, a balance sheet or statement of financial position is a summary of the financial status of an organisation which can be a sole proprietorship, a business partnership or a company. Assets, liabilities and ownership of equity are listed as on a specific date, which is normally the end of the financial year. A balance sheet is the “snapshot of a company’s financial condition”.
IncorrectIn financial accounting, a balance sheet or statement of financial position is a summary of the financial status of an organisation which can be a sole proprietorship, a business partnership or a company. Assets, liabilities and ownership of equity are listed as on a specific date, which is normally the end of the financial year. A balance sheet is the “snapshot of a company’s financial condition”.
UnattemptedIn financial accounting, a balance sheet or statement of financial position is a summary of the financial status of an organisation which can be a sole proprietorship, a business partnership or a company. Assets, liabilities and ownership of equity are listed as on a specific date, which is normally the end of the financial year. A balance sheet is the “snapshot of a company’s financial condition”.
- Question 12 of 20
12. Question
Match List-I with List-II and select the correct answer using the codes given the lists: [1999]
List I List-II
(Industries) (Industrial Centres)
A. Pearl fishing 1. Pune
B. Automobiles 2. Tuticorin
C. Ship building 3. Pinjore
D. Engineering goods 4. Marmagao
Codes:CorrectIndustries Industrial centres
A. Pearl fishing Tuticorin
B. Automobile industry Pune
C. Ship building Marmagao
D. Engineering goods PinjoreIncorrectIndustries Industrial centres
A. Pearl fishing Tuticorin
B. Automobile industry Pune
C. Ship building Marmagao
D. Engineering goods PinjoreUnattemptedIndustries Industrial centres
A. Pearl fishing Tuticorin
B. Automobile industry Pune
C. Ship building Marmagao
D. Engineering goods Pinjore - Question 13 of 20
13. Question
Consider the following statements: [1999]
Industrial development in India, to an extent, is constrained by:
1. lack of adequate entrepreneurship and leadership in business
2. lack of savings to invest
3. lack of technology, skills and infrastructure
4. limited purchasing power among the larger masses
Which of the above statements are correct?CorrectIncorrectUnattempted - Question 14 of 20
14. Question
Tourism industry in India is quite small compared to many other countries in terms of India’s potential size. Which one of the following statements is correct in this regard? [1999]
CorrectIndia due to its handicrafts, culture and monuments is a preferred destination. However, there is a lack of tourist infrastructure.
IncorrectIndia due to its handicrafts, culture and monuments is a preferred destination. However, there is a lack of tourist infrastructure.
UnattemptedIndia due to its handicrafts, culture and monuments is a preferred destination. However, there is a lack of tourist infrastructure.
- Question 15 of 20
15. Question
Match List-I with List-II and select the correct answer using the codes given below the lists: [1999]
List-I (Industrial Unit) List-II ( Centre)
A. Atlas Cycle Company Ltd. 1. Bangalore
B. Bharat Earth Movers Ltd. 2. Bhubaneswar
C. Indian Farmers Fertilizers Co-operative Ltd. 3. Kalol
D. National Aluminium Company Ltd. 4. Sonepat
Codes:CorrectAtlas cycle company is situated at Sonepat in Haryana. Bharat Earth Movers Limited is in Banglore, Karnataka. Indian Farmers Fertilizers Co-operative Ltd is present in Kalol in Gujarat and National Aluminium Company Limited is located at Bhubaneswar.
IncorrectAtlas cycle company is situated at Sonepat in Haryana. Bharat Earth Movers Limited is in Banglore, Karnataka. Indian Farmers Fertilizers Co-operative Ltd is present in Kalol in Gujarat and National Aluminium Company Limited is located at Bhubaneswar.
UnattemptedAtlas cycle company is situated at Sonepat in Haryana. Bharat Earth Movers Limited is in Banglore, Karnataka. Indian Farmers Fertilizers Co-operative Ltd is present in Kalol in Gujarat and National Aluminium Company Limited is located at Bhubaneswar.
- Question 16 of 20
16. Question
Assertion (A) : Information technology is fast becoming a very important field of activity in India.
Reason (R) : Software is one of the major exports of the country and India has a very strong base in hardware. [1999]CorrectIncorrectUnattempted - Question 17 of 20
17. Question
Consider the following factors regarding an industry [2001]
1. Capital investment
2. Business turnover
3. Labour force
4. Power consumption
Which of these determine the nature and size of the industry?CorrectAmong various factors entrepreneurial skills, availability of finance turnover and power consumption etc. decides the nature and size of an industry.
IncorrectAmong various factors entrepreneurial skills, availability of finance turnover and power consumption etc. decides the nature and size of an industry.
UnattemptedAmong various factors entrepreneurial skills, availability of finance turnover and power consumption etc. decides the nature and size of an industry.
- Question 18 of 20
18. Question
Assertion (A) : India’s software exports increased at an average growth rate of 50% since 1995-96.
Reason (R) : Indian software companies were costeffective and maintained international quality. [2001]CorrectThe only negative factor is the time difference which causes large employee turnover as most IT work is conducted during night shift.
IncorrectThe only negative factor is the time difference which causes large employee turnover as most IT work is conducted during night shift.
UnattemptedThe only negative factor is the time difference which causes large employee turnover as most IT work is conducted during night shift.
- Question 19 of 20
19. Question
Consider the following states: [2001]
1. Gujarat
2. Karnataka
3. Maharashtra
4. Tamil Nadu
The descending order of these states with reference to their level of Per Capita Net State Domestic Product is:CorrectIncorrectUnattempted - Question 20 of 20
20. Question
With reference to the Public Sector Undertakings in India, consider the following statements: [2002]
1. Minerals and Metals Trading Corporation of India Limited is the largest non-oil importer of the country
2. Project and Equipment Corporation of India Limited is under the Ministry of Industry
3. One of the objectives of Export Credit Guarantee Corporation of India Limited is to enforce quality control and compulsory pre-shipment inspection of various exportable commodities
Which of these statements is/are correct?CorrectMinerals and Metals Trading Corporation Limited (MMTC) is one of the two biggest foreign exchange earner for India. It is the largest international trading company of India and the first Public Sector Enterprise to be accorded the status of FIVE STAR EXPORT HOUSE by Govt. of India for long standing contribution to exports. MMTC is the largest non-oil importer in India. Project and Equipment Corporation of India Limited is under the Ministry of Commerce & Industry.
IncorrectMinerals and Metals Trading Corporation Limited (MMTC) is one of the two biggest foreign exchange earner for India. It is the largest international trading company of India and the first Public Sector Enterprise to be accorded the status of FIVE STAR EXPORT HOUSE by Govt. of India for long standing contribution to exports. MMTC is the largest non-oil importer in India. Project and Equipment Corporation of India Limited is under the Ministry of Commerce & Industry.
UnattemptedMinerals and Metals Trading Corporation Limited (MMTC) is one of the two biggest foreign exchange earner for India. It is the largest international trading company of India and the first Public Sector Enterprise to be accorded the status of FIVE STAR EXPORT HOUSE by Govt. of India for long standing contribution to exports. MMTC is the largest non-oil importer in India. Project and Equipment Corporation of India Limited is under the Ministry of Commerce & Industry.