MCQs on Indian Year Book 2017 – Industry

MCQs on Indian Year Book 2017 – Industry

Alongwith Solutions & Explanations

(UPSC CIVIL SERVICES EXAMINATION & OTHER COMPETITIVE EXAMINATIONS)

Q1. Consider the following Statements regarding Govt. Policy for Micro, Small & Medium Enterprises Sector:

  1. Government has enacted the Micro, Small and Medium Enterprises Development (MSMED) Act, 2006.
  2. Presently 20 items are reserved for exclusive manufacture by MSE Sector.

Identify the correct statements:

a) 1 only

b) 2 only

c) All are correct

d) None

Q2. Consider the following Statements regarding Index of Industrial Production:

  1. It is released every month by Central Statistics Office (CSO).
  2. The weighting diagram for new IIP series is drawn using relative importance of the sectors
    in GDP, which is based on the National Accounts.
  3. IIP is categorized in Sectoral and Use-based classifications.

Identify the correct statements:

a) 1 & 2 only

b) 2 & 3 only

c) All are correct

d) 1 & 3 only

Q3. Consider the following Statements regarding Core Industries:

  1. They are 8 core industries whose performance is tracked by Index of Eight Core Industries (ICI).
  2. They comprise 38 per cent weight in the Index of Industrial Production (IIP),

Identify the correct statements:

a) 1 only

b) 2 only

c) All are correct

d) None

Q4. Consider the following Statements regarding National Manufacturing Policy:

  1. It has objective of enhancing the share of manufacturing in GDP to 45 per cent and creating 100
    million jobs by 2022.
  2. One of important features of the policy is creation of National Investment and Manufacturing Zones (NIMZs).

Identify the correct statements:

a) 1 only

b) 2 only

c) All are correct

d) None

Q5. Consider the following Statements regarding ‘Startup India’ initiative:

  1. It aims at fostering entrepreneurship and promoting innovation by creating an ecosystem that is conducive to growth.
  2. A Startup India Hub has been set up to address queries of various startups under the above initiative.

Identify the correct statements:

a) 1 only

b) 2 only

c) All are correct

d) None

Q6. In which of following sectors 100% automatic FDI has not been permitted yet:

  1. Insurance
  2. Pension
  3. Defence
  4. Private Security Agencies
  5. White Label ATM operations

Identify the correct statements:

a) All except 5

b) All except 4

c) All are correct

d) All except 2

Q7. Consider the following Statements regarding Madrid Protocol on Trademarks:

  1. The Trade Mark (Amendment) Act, 2010 enabled India to accede to the Madrid Protocol.
  2. It allows Trade Mark Protection in all member countries just by filing a single application in one language and by paying a one-time fee in one currency.

Identify the correct statements:

a) 1 only

b) 2 only

c) All are correct

d) None

Q8. Consider the following Statements regarding Indian Textiles:

  1. It contributes to 10 per cent of manufacturing production, 2 per cent of India’s GDP and to 13 per cent of the country’s export earnings.
  2. The textile industry is one of the largest source of employment generation in the country.

Identify the correct statements:

a) 1 only

b) 2 only

c) All are correct

d) None

Q9. Consider the following Statements regarding India’s Silk Industry:

  1. India is the largest producer of silk in the world.
  2. Among the four varieties of silk produced, tasar accounted for highest proportion.

Identify the correct statements:

a) 1 only

b) 2 only

c) All are correct

d) None

Q10. Consider the following Statements regarding Khadi and Village Industries Commission:

  1. It is is a statutory organization under the aegis of the Ministry of MSME.
  2. It is engaged in promoting and developing khadi and village industries for providing employment opportunities in the rural areas, thereby strengthening the rural economy.

Identify the correct statements:

a) 1 only

b) 2 only

c) All are correct

d) None

Q11. Consider the following Statements regarding Coir Industry in India:

  1. India and Sri Lanka account for about 90% of global coir fiber production.
  2. Kerala is one of largest coir producers in India.

Identify the correct statements:

a) 1 only

b) 2 only

c) All are correct

d) None

Q12. Consider the following Statements regarding Indian Steel Industry:

  1. India is the 3rd largest crude steel producer.
  2. India is also a leading producer of sponge iron and pig iron.

Identify the correct statements:

a) 1 only

b) 2 only

c) All are correct

d) None

Q13. Consider the following Statements regarding Hindustan Insecticide Limited:

  1. Hindustan Insecticides Limited (HIL) was incorporated in 1954 to manufacture and supply of DDT.
  2. HIL is the sole supplier of DDT to the National Vector Borne Disease Control Programme (NVBDCP).

Identify the correct statements:

a) 1 only

b) 2 only

c) All are correct

d) None

Q14. Consider the following Statements regarding Hindustan Organic Chemicals Limited:

  1. Hindustan Organic Chemicals Limited (HOCL) was incorporated in December, 1960 with the objective of attaining self-reliance in basic organic chemicals.
  2. HOCL is the sole manufacturer of Dinitrogen Tetroxide in India which is supplied to ISRO for satellites launching programme.

Identify the correct statements:

a) 1 only

b) 2 only

c) All are correct

d) None

Q15. Consider the following Statements regarding production of phosphorite/rock phosphate in India:

  1. Rajasthan and Madhya Pradesh contributed 95.09 and 4.91 per cent of the production respectively.
  2. Jhamarkotra mine of Rajasthan State Mines & Minerals Ltd. (RSMML) alone accounted for 86 per cent of the total production in the country.

Identify the correct statements:

a) 1 only

b) 2 only

c) All are correct

d) None

 

Q 16. Consider the following Statements regarding Indian Bureau of Mines:

  1. It is headquartered at Dhanbad.
  2. The Indian Bureau of Mines (IBM) performs regulatory  functions under the relevant provisions of the Mines and Mineral (Development and Regulation) Act, 1957.

Identify the correct statements:

a) 1 only

b) 2 only

c) All are correct

d) None

Solutions

Ques.Sol.Explanation
1aPresently no item is reserved for exclusive manufacture by MSE Sector.
2c
3c
4bIt has objective of enhancing the share of manufacturing in GDP to 25 per cent and creating 100
million jobs by 2022.
5c
6a100% FDI permitted in White Label ATM operations
7c
8c
9dIndia is the second largest producer of silk in the world. Among the four varieties of silk produced, mulberry accounted for highest proportion.
10c
11c
12c
13c
14c
15c
16bIndian Bureau of Mines (IBM) established in 1948, is a multi-disciplinary scientific and technical organisation under Ministry of Mines. It is head quartered in Nagpur.

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