Tag: industrialisation and urbanisation

Questions Related to industrialisation and urbanisation

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

Which of the following does not relate to the New Industrial Policy, 1991?

  1. Abolition of Industrial Licensing

  2. Encouragement for Foreign Direct Investment

  3. Reservation of all industries for Public Sector

  4. Procedural Simplifications

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The 1991 policy shifted from public sector dominance to private sector participation. It involved de-reservation, not further reservation, of industries for the public sector.

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

Which of the following statements is correct with regards to the industrial sector in India?

  1. A large number of industries face under utilization of production capacity.

  2. The incremental capital-output ratio has been falling over the planning period.

  3. In terms of regions, industrial development is quite balanced.

  4. None of the above

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The correct statement is that a large number of industries face under utilization of production capacity. Others are incorrect because the incremental capital-output ratio has been increasing over the planning period and region-wise industrial development is quite imbalanced.

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

Abolition of Licensing and Encouragement of Private Sector Participation are both parts of -

  1. Industrial Reforms in India

  2. External Sector Reforms in India

  3. Land Reforms in India

  4. Banking Reforms in India

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Abolition of industrial licensing and promoting private sector participation are core components of the industrial policy reforms initiated in 1991.

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

Abolition of Intermediaries and Tenancy Reforms are both parts of -

  1. Industrial Reforms in India

  2. External Sector Reforms in India

  3. Land Reforms in India

  4. Banking Reforms in India

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Abolition of intermediaries (like zamindars) and tenancy reforms are classic measures associated with post-independence land reforms in India.

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

Under the New Industrial Policy 1991, several aspects were abolished. Which of the following were not abolished under that Policy?

  1. Licenses Registration

  2. DGTD Registration

  3. Foreign Direct Investment

  4. All of the above

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The 1991 policy abolished various registration requirements (like DGTD) to simplify procedures, but it actively encouraged, rather than abolished, Foreign Direct Investment.

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 the 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 redefined the role of the public sector, focusing it on strategic, high-tech, and essential infrastructure areas while reducing its presence in other sectors.

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

All of the following can cause sickness to an industrial unit except ____________.

  1. demand recession

  2. uneconomic size

  3. high productivity of labour and capital

  4. financial mismanagement

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation
The causes of industrial sickness are demand recession, uneconomic size, financial mismanagement, labour unrest, working capital shortage, cost escalations, shortage of raw materials, out-dated machinery and equipment and so on. While 'high productivity of labour and capital' will eradicate industrial sickness.
Multiple choice geography state of industries in india meaning and classification of industries industrialisation and urbanisation urbanisation

A strategy focusing on development of heavy industry is sometimes preferred for a developing economy because it can ____________.

  1. generate employment opportunity on a large scale

  2. provide a strong base for rapid industrialization

  3. contain inflationary pressures

  4. meet the deficits in Balance of Payments in the short run

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

A strategy for development of heavy industry is sometimes preferred for a developing economy because it can provide a strong base for rapid industrialization.

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

Based on Size, Industries can be classified into _____________.

  1. large, medium and small industries

  2. basic, capital, intermediate and consumer goods industries

  3. public sector and private sector industries

  4. registered and unregistered industries

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Based on size, industries are categorized by the scale of their investment and operations into large, medium, and small-scale industries.