Tag: industrialisation and urbanisation

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Questions Related to industrialisation and urbanisation

Multiple choice geography state of industries in india meaning and classification of industries industrialisation and urbanisation urbanisation

A sick industrial unit is one___________.

  1. which borrow money from bank for its fixed assets.

  2. which is unable to make profits more than 10 per cent of its capital employed.

  3. which is unable to perform its normal functions and activities of production of goods and services at a responsible profit on a sustained basis.

  4. where most of the employees are sick.
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

A sick industrial unit is defined by its inability to maintain sustained production and profitability, leading to financial distress and operational failure.

Multiple choice geography state of industries in india meaning and classification of industries industrialisation and urbanisation urbanisation

What are the problems of rural industrialization in India?

  1. lack of Capital

  2. lack of Basic infrastructure

  3. traditional technique of production

  4. all of the above
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Rural industrialization in India faces systemic hurdles including lack of capital, poor infrastructure, and reliance on outdated production techniques.

Multiple choice geography state of industries in india meaning and classification of industries industrialisation and urbanisation urbanisation

As a result of the New Industrial Policy, 1991

  1. The Public Sector has been stripped off all its power

  2. The Public Sector has been given the commanding heights of economy

  3. The Public Sector's portfolio will be reviewed with greater realism. The focus will be on strategic high tech and essential infrastructure industries

  4. The Public Sector's management has been passed over to the Private Sector
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The 1991 policy shifted the focus of the public sector toward strategic, high-tech, and essential infrastructure industries, while reducing state involvement in non-essential commercial sectors.

Multiple choice geography state of industries in india meaning and classification of industries industrialisation and urbanisation urbanisation

Which of the following is the best estimate of the percentage of population dependent on agriculture at the time of independence and in 2004-05 respectively?

  1. 72% and 54%

  2. 54% and 72%

  3. 54% and 54%

  4. 72% and 72%
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

At the time of independence, a vast majority of India's population (around 72%) was dependent on agriculture. By 2004-05, this figure had decreased to approximately 54% as the economy diversified.

Multiple choice geography state of industries in india meaning and classification of industries industrialisation and urbanisation urbanisation

Under the New Industrial Policy 1991, the system of phased manufacturing programme approved on case to case basis -

  1. Approved on case to case basis will not be applicable to new projects

  2. Will be applicable to new projects

  3. Will be applicable to new projects costing more than Rs 10 Crores

  4. None of the above
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The 1991 Industrial Policy aimed to liberalize the economy. It abolished the Phased Manufacturing Programme (PMP) as it was considered a restrictive practice for new projects.

Multiple choice geography state of industries in india meaning and classification of industries industrialisation and urbanisation urbanisation

Under the New Industrial Policy 1991, the Mandatory Convertibility Clause -

  1. Is applicable for all term loans

  2. Is applicable for term loans of more than 10 years

  3. Is applicable for term loans of less than 10 years

  4. Is no longer applicable
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

The Mandatory Convertibility Clause, which allowed financial institutions to convert loans into equity, was abolished under the 1991 reforms to encourage private investment.

Multiple choice geography state of industries in india meaning and classification of industries industrialisation and urbanisation urbanisation

Which of the following statement is correct?

  1. Excise duty is levied on sales Volume.

  2. Custom duties have been drastically cut down since 1991

  3. VAT has been adopted by Two-Three states in India

  4. Agriculture contributes the maximum to the direct tax revenues in India.
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Post-1991, India moved toward trade liberalization, which included significant reductions in custom duties to integrate with the global economy.

Multiple choice geography state of industries in india meaning and classification of industries industrialisation and urbanisation urbanisation

One major proposal of new industrial policy (1991) was ..

  1. Impose restriction on technical know-how for one year

  2. All types of industries have been made licensed

  3. NRI's will not be allowed for capital investment in India

  4. Facility of direct foreign investment up to 51% High priority industries
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

The 1991 policy significantly increased the limit for foreign equity participation in high-priority industries to 51 percent to attract foreign capital.

Multiple choice geography state of industries in india meaning and classification of industries industrialisation and urbanisation urbanisation

The industrial sector depends on the agricultural sector because _________.

  1. the agriculture sector provides food and other products for the consumption purposes of industrial sector.

  2. the agriculture sector provides raw materials for the development of a agro-based industries of the economy.

  3. the agricultural sector provides market for the industrial products.

  4. all of the above
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

The industrial sector depends on the agricultural sector because agriculture sector provides food and other products for the consumption purposes of industrial sector as well as provides raw materials for the development of agro-based industries of the economy and provides market for industrial products.