Top 80+ Solved Industries, Infrastructure and Foreign Trade MCQ Questions Answer
Q. With reference to India, which one of the following statements is NOT correct? [IAS 2003]
a. IPCL is India's largest petrochemical company
b. RIL is the largest private sector· company in India
c. MTNL is listed on NYSE
d. BSNL is the first telecom service organization in India to launch a nationwide cellular service at one time
Q. What is the current account of balance of payments?
a. It is the account showing difference of total exports and imports in one year
b. It is the account showing transactions in invisible account like tourism, shipping, insurance etc.
c. It is the account showing transactions like net external assistance, NRI deposits, et
d. It is the account showing trade balance plus invisible balance
Q. Core industries include:
a. basic industries
b. industries catering to defence requirements
c. critical industries
d. all the above
Q. The core sector includes:I. Coal II. Power III. Petroleum IV. Soaps and Detergent
a. I and II
b. I, II and III
c. I
d. II and III
Q. Invisible Export means export [Corporation Bank PO 2011]
a. Services
b. Prohibited goods
c. Unrecorded goods
d. Goods through smuggling
Q. Which of the following sectors does not come under tertiary sector?
a. Transport
b. Trade
c. Business Services
d. Electricity
Q. Which of the following committees was assigned to recommend reforms in the insurancesector?
a. Rekhi Committee
b. Nadkarni Committee
c. Malhotra Committee
d. Chelliah Committee
Q. Consider the following statements: [IAS 2004] 1. National Thermal Power Corporation has diversitled into hydropower sector 2. Power Grid Corporation of India has diversified into telecom sector Which of the statements given above is/are correct?
a. 1 only
b. 2 only
c. both 1 and 2
d. neither 1 nor 2
Q. Whenever newspapers talk about the performance of core industries, which of the following is NOT considered among them? [Bank of India PO 2010]
a. Petroleum
b. Automobile
c. Mining
d. Steel
Q. Which one of the following pairs is not correctly matched? [CDS 2008]
a. Hindalco Industries - Novelis
b. Tata Steel - Corus Group
c. Jet Airways - Air Sahara
d. Kingfisher Airlines - MDLR Airlines
Q. One of the main factors that led to rapid expansion of Indian exports is :
a. liberalisation of the economy
b. diversification of exports
c. imposition of import duties
d. recession in other countries
Q. The main argument advanced in favour of small scale and cottage industries in India is that:
a. cost of production is low
b. they require small capital investment
c. they advance the goal of equitable distribution of wealth
d. they generate a large volume of employment
Q. Present Industrial policy in India aims at :
a. promoting the private sector units
b. increasing the production of public sector units
c. accelerating the performance of mixed economy
d. discourage the performance of the private sector
Q. When does the problem of unfavourable balance of payment arise?
a. When exports decrease
b. When exports increase
c. When imports increase
d. When imports are greater than exports