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Total Questions : 398 | Page 32 of 40 pages
Question 311. The number of women entrepreneurs in small scale industrial region is highest in the state of?
  1.    Maharashtra
  2.    Karnataka
  3.    Kerala
  4.    Tamil Nadu
 Discuss Question
Answer: Option D. -> Tamil Nadu
Answer: (d)Tamil Nadu has the highest number of women entrepreneurs with 2930 women equalling to 30.36 %.
Question 312. Who among the following is in function as a Comptroller and Auditor General of India?
  1.    Shashikant Sharma
  2.    Vinod Rai
  3.    Ashok Lahiri
  4.    Raghuram G. Rajan
 Discuss Question
Answer: Option A. -> Shashikant Sharma
Answer: (a)
Shashikant Sharma is in function as a Comptroller and Auditor General (CAG) of India since 23 May 2013. He is the 12th CAG of India.
The Comptroller and Auditor General (CAG) of India is an authority, established by the Constitution of India which audits all receipts and expenditure of the Government of India and the state governments, including those bodies and authorities substantially financed by the government.
Question 313. Economic liberalisation in India started with :
  1.    The convertibility of Indian rupee.
  2.    Doing away with procedural formalities for Foreign Direct Investment.
  3.    Substantial changes in industrial licensing policy.
  4.    Significant reduction in tax rates.
 Discuss Question
Answer: Option C. -> Substantial changes in industrial licensing policy.
Answer: (c)
Economic liberalisation in India started with substantial changes in Industrial licensing policy.
The LPG Model ( Liberalisation, privatisation & Globalisation) was introduced by Dr Manmohan Singh in 1991 as India was facing problems of depleting reserves. Under liberalisation, the Industrial licensing policy was changed and under the new licensing policy the private players were allowed to set up their industrial units without obtaining License from the government and thus private investment in India increased drastically
Question 314. How much percentage of the Debt Service Ratio of India during 2012–13?
  1.    12%
  2.    2%
  3.    18%
  4.    6%
 Discuss Question
Answer: Option D. -> 6%
Answer: (d)
Question 315. What is/are the recent policy initiative of government of India to promote the growth of manufacturing sector?
  1. Setting up of National Investment and Manufacturing Zones.
  2. Providing the benefit of single window clearance.
  3. Establishing the technology acquisition and development fund.
Select the correct answer using the codes given below :
  1.    2 and 3
  2.    2 only
  3.    1 and 3
  4.    1, 2 and 3
 Discuss Question
Answer: Option D. -> 1, 2 and 3
Answer: (d)The recent policy initiative of Government of India to promote the growth of manufacturing sector is setting up of National Investment and manufacturing zones, providing the benefit of single window clearance and establishing the technology acquisition and development.
Question 316. The largest source of revenue for Britishers in India was from ______?
  1.    Temple Tax
  2.    Textile and Jute Industry
  3.    Land revenue
  4.    Gems and Stone Industry
 Discuss Question
Answer: Option C. -> Land revenue
Answer: (c)
Question 317. Industrial Policy 1991 mainly focuses on which points?

  1. Deregulating Indian industry.

  2. Allowing the industry freedom & flexibility in responding to market forces

  3. Providing a policy regime that facilitates and fosters the growth of Indian industry.


  1.    Only III
  2.    II & III
  3.    I & II
  4.    All the above
 Discuss Question
Answer: Option D. -> All the above
Answer: (d)
Deregulating Indian industry.
Allowing the industry freedom & flexibility in responding to market forces and providing a policy regime that facilitates and fosters the growth of Indian industry.
Question 318. National Renewal Fund was constituted for the purpose of :
  1.    Social security
  2.    Rural reconstruction
  3.    Providing pension for retiring employees.
  4.    Restructuring and modernisation of industries
 Discuss Question
Answer: Option A. -> Social security
Answer: (a)The National Renewal Fund (NRF), was set up in February 1992. It aims to provide a social safety net to protect the workers in industrial enterprises from possible adverse consequences of the new economic policy.
Question 319. Which one of the following pairs is not properly matched based on  Industry and Industrialists?
  1.    Wipro R. Krishnamurthy
  2.    Airtel Bharati Mittal
  3.    Reliance Mukesh Ambani
  4.    Nano Car Ratan Tata
 Discuss Question
Answer: Option A. -> Wipro R. Krishnamurthy
Answer: (a)
Reliance-Mukesh Ambani,
Wipro-Azim Premji,
Airtel- Bharati Mittal and
Nano Car-Ratan Tata.
Wipro was established by Mohamed Hasham Premji in 1945 as a vegetable manufacturer in Amalner, Maharashtra.
Question 320. Consider the following statements:
  1. Inflation benefits the debtors.
  2. Inflation benefits the bondholders.
Which of the statements given above is/are correct?
  1.    Both 1 and 2
  2.    2 only
  3.    1 only
  4.    Neither 1 nor 2
 Discuss Question
Answer: Option A. -> Both 1 and 2
Answer: ( a)Those who benefit from higher inflation are debtors and those who suffer from it are creditors. If one has substantial debt, each rupee one has to repay would be worth less than when it was borrowed. In this way, one pays back less in real terms.

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