Tag: meaning and classification of industries

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Questions Related to meaning and classification of industries

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

Which one among the following is not the salient feature of industrial policy since 1991?

  1. Enormous expansion of the private sector.

  2. Redefining the role of public sector.

  3. Limited exposure of Indian industry to foreign competition.

  4. Pruning of the list of items reserved for SSI units.
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The 1991 policy aimed to increase competition by opening the Indian market to foreign investment and reducing trade barriers, not by limiting exposure to foreign competition.

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

An unit in which investment in Plant and Machinery is up to Rs. 5 lakhs is known as____.

  1. small scale unit

  2. ancillary unit

  3. tiny unit

  4. large scale unit
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

In Indian industrial classification, units with very low investment in plant and machinery (historically up to 5 lakhs) are categorized as 'tiny units'.

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

Which of the following has resulted in failure to achieve targets of industrial production?

  1. Technical complications

  2. Power, finance and labour problems

  3. Poor planning

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

Industrial production targets in India have often been missed due to a combination of technical issues, power shortages, financial constraints, labor unrest, and inadequate planning.

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

Which one of the following Service Organisations is the subsidiary of the National Civil Aviation India Limited (Air India)?

  1. Alliance Air

  2. Air India Charters Limited

  3. Inter Globe Aviation Limited

  4. Both (A) & (B)
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Both Alliance Air and Air India Charters Limited were established as subsidiaries to handle specific segments of Air India's operations, such as regional connectivity and low-cost international charters.

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

Multilateral Trade Agreements are trade agreements between _______.

  1. more than one country

  2. multinational companies

  3. micro and small scale units

  4. most preferred nations
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Multilateral trade agreements are treaties between three or more countries to reduce trade barriers and facilitate commerce between the participating nations.

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.