Industries, Infrastructure and Foreign Trade Set 1
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This set of Indian Economy Multiple Choice Questions & Answers (MCQs) focuses on Industries, Infrastructure and Foreign Trade Set 1
Q1 | Which Agriculture export item is second in case of India?
- Marine product
- Rice
- Sugar
- Oil cake
Q2 | The performance of which of the following industries is considered performance of thecore industry? [RBI Grade B Officer 2011]
- Garments
- Leather
- IT
- Oil and Petroleum
Q3 | Which of the following agencies has the power to declare any industrial unit as apotentially sick unit? [CDS 2000]
- BIFR
- MRTPC
- FICCI
- IRBI
Q4 | The most important small-scale industry in India is that of:
- textiles
- jute
- jewellery
- handloom
Q5 | UTI has been divided into two parts UTI-I and UTI-II. Which part has been kept underthe control of the government?
- UTI-I
- UTI-II
- Both the above
- None of the above
Q6 | Which part of separated UTI is under SEBl's regulation?
- UTI-I
- UTI-II
- Both the above
- None of the above
Q7 | Which of the following is not sponsor of newly established UTI-II?
- Punjab National Bank
- General Insurance Corporation
- Life Insurance Corporation of India
- State Bank of India
Q8 | The largest importer country of Indian textile is :
- Italy
- Germany
- Singapore
- USA
Q9 | Indian Railways revenue from:
- passenger fare
- freight
- traffic tax
- passenger tax
Q10 | Which industry earns the second highest, net foreign exchange from the trade?
- Gems and ornaments
- Textile industry
- Steel industry
- Engineering goods industry
Q11 | Which of the following measures is not likely to help in improving India's balance ofpayments position?
- Devaluation of the rupee
- Encouragement of import substitution
- Imposition of higher duty on imports
- Imposition of higher duty on exports
Q12 | In India, maximum number of workers are employed in :
- textile industry
- iron and steel industry
- petrochemical industry
- automobile industry
Q13 | After textiles, India's second important industry is :
- Sugar
- Jute
- Cement
- Iron and steel
Q14 | India's oldest iron and steel plant is : [Intelligence Bureau 1991]
- TISCO at Jamshedpur
- TISCO at Burnpur
- Durgapur Iron and Steel Plant
- Rourkela Iron and Steel Plant
Q15 | Which industry in India was worst affected because of the partition? [PCS 1994]
- Paper and Iron
- Jute and Cotton
- Cotton and Sugar
- Engineering and Cement
Q16 | Which of the following industries was started first in India?
- Cotton
- Paper
- Tea
- Jute
Q17 | Which of the following states ranks first in terms of the maximum number of agrobased industries? [Bank PO 1993]
- Gujarat
- Punjab
- West Bengal
- Kerala
Q18 | In which of the following industries is the maximum number of women employed inIndia? [CDS 1993]
- Textile
- Jute
- Tea
- Coal
Q19 | Which of the following is the largest (in terms of' turnover) Public Sector organisationin India?
- Bharat Petroleum
- Steel Authority of India
- Indian Oil Corporation
- Oil and Natural Gas Commission
Q20 | Under perfect competition: [GIC AAO 1993]
- any firm can influence price in the market
- any firm can influence supply in the market
- any firm can influence price and supply in the market
- no firm can influence price and supply in the market
Q21 | India earns maximum foreign exchange from the export of:
- garments
- jute
- gems and jewellery
- cotton
Q22 | Bokaro Steel Limited was established with the assistance of: [Asstt Comm 2008]
- Germany
- Soviet Union
- UK
- USA
Q23 | As per the reports published in the newspapers the banks, particularly public sector banks are tying up with various rating agencies for providing a qualitative assessment of the credit needs of the borrowers. Which amongst the following is/are such credit rating agencies in India? [Punjab & Sindh Bank 2011] (A) CARE (B) CRISIL (C) ULlP
- Only A
- Only B
- A and B only
- Only C
Q24 | Consider the following statements: [NDA 2003] 1. The first newsprint plant set up in India was at Nepanagar. 2. The first modern steel plant in India was set up at Bhadrawati. Which of these statements is/are correct?
- 1 only
- 2 only
- Both 1 and 2
- Neither 1 nor 2
Q25 | Identify the correct sequence of the establishment of steel plants in India from the earliest to the latest: [NDA 2002]
- Bokaro, Jamshedpur, Vishakhapatnam, Bhilai
- Jamshedpur, Bhilai, Bokaro, Vishakhapatnam
- Bhilai, Jamshedpur, Vishakhapatnam, Bokaro
- Jamshedpur, Vishakhapatnam