Questions and answers for exam Preparation

MCQs

Total Questions : 398 | Page 38 of 40 pages

Question 371. Which one of the following is correctly matched between Industries clusters and Location?

Marble Kishangarh
Surat Gems & Jewellery
Textiles Tirupur
All of the above

Discuss Question

Answer: Option D. -> All of the above
Answer: (d)
All the above industrial clusters and the related locations are correctly matched.
Tirupur is famous for textiles, Kishangarh is famous for marbles, Surat is famous for Gems and Jewellery.

Question 372. The Committee on Competition Policy and Law (Raghavan Committee) has recommended the replacement of which of the following institutions?

Disinvestment Commission
Company Law Board
Securities and Exchanges Board
Monopolies and Restrictive Trade Practices Commission

Discuss Question

Answer: Option D. -> Monopolies and Restrictive Trade Practices Commission
Answer: (d)

Question 373. The Eastern Dedicated Freight Corridor being built by Indian Railway will connect

Rajkot and Bhubaneswar
Ludhiana and Sonnagar
Panipat and Allahabad
Jawaharlal Nehru Port and Tuglakabad

Discuss Question

Answer: Option B. -> Ludhiana and Sonnagar
Answer: (b)

Question 374. Consider the following statements about Rashtriya Ispat Nigam:

It is also known as Vizag Steel

It has been constructed with collaboration with the former USSR and Germany

It is a Navratna company

It is ‘5 S’ certified

Which of the following statements are correct?

1, 3 and 4
1, 2, 3 and 4
1 and 2
1, 2 and 3

Discuss Question

Answer: Option B. -> 1, 2, 3 and 4
Answer: (b)
Rashtriya Ispat Nigam Ltd (Vizag Steel) was established in 1982 in collaboration with the former USSR and Germany.
It is one of the Navratna companies and has achieved plant level certification in the “5S” Work Place Management System.
It is the first 5S certified public sector enterprise in the steel industry.

Question 375. What are the major points when India was declared as mixed economy?

Those industries completely owned by the Government e.g. ordinance, atomic energy, railways and any industry of national importance were to be the exclusive domain of the Central government.

A group of 18 specified industries (of medium category) were in control of the state governments in liaison with the central government.

The remaining industrial options which were not covered by either the centre or state lists were left open to the private sector.

This policy was to be reviewed after 5 years.

Only III
I, II & III
I & II
All the above

Discuss Question

Answer: Option D. -> All the above
Answer: (d)

Question 376. “Public Private Partnership Appraisal Committee (PPPAC)” is under which ministry/department?

Department of Economic Affairs (DEA)
Ministry of Road, Transport and Highways
Department of Investment and Public Asset Management (DIPAM)
Ministry of Railway

Discuss Question

Answer: Option A. -> Department of Economic Affairs (DEA)
Answer: (a)

Question 377. Ith reference to the Public Sector Undertakings in India, consider the following statement

Minerals and Metals Trading corporation of India Limited is the largest non-oil importer of the country.

Project and Equipment Corporation of India Limited is under the Ministry of Industry.

One of the objectives of Export Credit Guarantee Corporation of India Limited is to enforce quality control and compulsory pre-shipment inspection of various exportable commodities.

Which of these statements is/are correct?

2 and 3
1 and 2
1 only
3 only

Discuss Question

Answer: Option C. -> 1 only
Answer: (c)

Question 378. The moral case for CSR, i.e. that it is the right thing to do, is justified by which of the following arguments?

That the corporation is a legal creation and therefore cannot be a moral agent.
Business decisions will have social and environmental consequences which will be addressed by governments.
That the corporation is a creation of society and should therefore serve its needs.
Large corporations do not have the power or resources to address society’s problems.

Discuss Question

Answer: Option C. -> That the corporation is a creation of society and should therefore serve its needs.
Answer: (c)

Question 379. Token privatisation or deficit privatisation of public sector units occurs when the government sells

49% of shares
5% of shares
10% of shares
51% of shares

Discuss Question

Answer: Option B. -> 5% of shares
Answer: (b)The government disinvests to meet the deficit in the budget. Token privitisation or deficet privitisation of public sector units occurs when the Govt. sells 5% of shares.

Question 380. Consider the following about “Virtual Clusters”?

Web portal by Department of Information Technology

Web portal by Ministry of MSME

It enables small businesses and other supporting institutions to come together

It enables banks to refinance each other

Which among the following are correct?

1, 3 and 4
2, 3 and 4
1 and 2
2 and 3 both

Discuss Question

Answer: Option D. -> 2 and 3 both
Answer: (d)
Virtual Clusters by the Ministry of Micro, Small and Medium Enterprises, is a dedicated web portal that will enable small businesses across the country along with other supporting institutions, like banks, government bodies, NGOs, industry experts, consultants and trainers, academia, research and technical institutions, etc. to come together and share their expertise.