Answer: Option B. -> UK
Answer: (b)Durgapur Steel Plant, SAIL, was set up with the British collaboration in the late fifties with an initial capacity of one million tonnes of crude steel per annum.

Answer: Option A. -> Wealth creation
Answer: (a)
The overarching theme of the economic survey 2019-20 is wealth creation and the policy choices that enable the same. Wealth creation happens in an economy when the right policy choices are pursued.
The economic survey says that wealth creation and economic development in several advanced economies has been guided by the philosophy of the invisible hand.

Answer: Option A. -> 1, 2, 3 and 4
Answer: (a)In India, in the overall index of industrial production, the indices of eight core industries have a combined weight of 37-90%. Among those eight core industries are cement, Fertilizers, Natural gas and Refinery products.

Answer: Option A. -> Petroleum industry
Answer: (a)
Crude oil is the basic raw material upon which all refinery processes are founded. Raw material-oriented industries are those industries that are having their locations stick close to the source of raw material.
“Raw material” denotes materials in minimally processed or unprocessed in states e.g. raw later, crude oil, cotton, coal etc
Sugar Industry: It subsumes the production processing and marketing of sugar.
Light Engineering Industry: It is one of the largest sequents of the overall industrial growth of a nation.

Answer: Option C. -> Bengaluru, India
Answer: (c)
Bengaluru or Bangalore is identified as the hottest outsourcing destination in the world.
Bangalore continues to rule as India’s software hub, with its availability of skilled resources. The pleasant climate of Bangalore has also been a factor in Bangalore’s popularity.

Answer: Option B. -> August 2005
Answer: (b)On August 10, 2005, a ‘Policy Package for Setting up Credit to Small and Medium Enterprises’ was announced with the objective to double the credit flow to the sector within a period of five years.

Answer: Option B. -> Both (i) & (ii)
Answer: (b)
India’s share in world merchandise exports is around 1.7%
India toppled Vietnam to become the second-largest manufacturer of mobile phones globally following China in 2018.
Ref: Economic Survey 2019-20, Vol – I, Chapter 5, Page No. 101 and 115

Answer: Option C. -> Tamil Nadu
Answer: (c)Tamil Nadu has the highest number of women entrepreneurs with 2930 women equalling to 30.36 %.

Answer: Option C. -> A – 2; B – 1; C – 4; D – 3
Answer: (c)
Industries – Industrial centres
(A) Pearl fishing – Tuticorin
(B) Automobile industry– Pune
(C) Shipbuilding – Marmagao
(D) Engineering goods– Pinjore

Answer: Option D. -> Industrial clusters lead to promotion of monopoly in the market
Answer: (d)
Industrial clusters development has an objective to support the sustainability and growth of small and medium enterprises in India.
This scheme is governed and administered by the Ministry of micro, small and medium enterprises.