MCQs
Total Questions : 398
| Page 5 of 40 pages
Question 41. Consider the following statements about Tata steel:
Which of the statements given above are correct?
- It is Asia’s first privately own integrated iron and steel plant.
- It is the first company outside Japan to get the Deming application prize in 2008 for excellence in total quality management
- Immediately after the enactment of the Provident Fund Law in India, Tata steel introduced a provident fund for its employees.
- It is the first company in the world to get social accountability 8000 certifications from the social accountability international from the USA.
Which of the statements given above are correct?
Answer: Option A. -> 1, 2 and 3
Answer: (a)
Tata Steel is Asia's first privately owned integrated iron and steel plant. It is the first company outside Japan to get the Doming Application Prize in 2008 for excellence in total quality management.
Tata Steel started a provident fund for its employees as early as 1920, however, it became a law for all employers under the Provident Fund Act only in 1952.
Answer: (a)
Tata Steel is Asia's first privately owned integrated iron and steel plant. It is the first company outside Japan to get the Doming Application Prize in 2008 for excellence in total quality management.
Tata Steel started a provident fund for its employees as early as 1920, however, it became a law for all employers under the Provident Fund Act only in 1952.
Answer: Option D. -> Foreign Trade
Answer: (d)
The Export Promotion Capital Goods (EPCG) scheme was one of the several export promotion initiatives launched by the government in the early ‘90s.
The basic purpose of the scheme was to allow exporters to import machinery and equipment at affordable prices so that they can produce quality products for the export market.
Answer: (d)
The Export Promotion Capital Goods (EPCG) scheme was one of the several export promotion initiatives launched by the government in the early ‘90s.
The basic purpose of the scheme was to allow exporters to import machinery and equipment at affordable prices so that they can produce quality products for the export market.
Answer: Option A. -> organisation to assist industrial units in solving time bound establishment and investment related problems
Answer: (a)“Udyog Bandhu” is an organization of the State Government of Uttar Pradesh. It assists industrial units in solving time bound establishment and investment related problems relating to existing and up-coming industries as well.
Answer: (a)“Udyog Bandhu” is an organization of the State Government of Uttar Pradesh. It assists industrial units in solving time bound establishment and investment related problems relating to existing and up-coming industries as well.
Question 44. What are government-owned companies?
- They are primarily meant to provide essential services such as railways.
- They are public enterprises that came into existence by a Special Act of the Parliament.
- They are companies in which 51% or more of the paid-up capital is held by the central or any state government (partly or wholly by both).
- They are set up whenever it is felt that certain functions need to be discharged outside the governmental set-up with some amount of independence and flexibility without day-to-day interference from the governmental machinery
Answer: Option C. -> Only III
Answer: (c)
Government-owned or controlled companies refer to companies in which 51% or more of the paid-up capital is held by the central or any state government (partly or wholly by both).
It is registered under the Indian Companies Act and is fully governed by the provisions of this Act.
Answer: (c)
Government-owned or controlled companies refer to companies in which 51% or more of the paid-up capital is held by the central or any state government (partly or wholly by both).
It is registered under the Indian Companies Act and is fully governed by the provisions of this Act.
Answer: Option A. -> Ministry of Railways
Answer: (a)
Container Corporation of India Ltd. (CONCOR) is a Navratna Public sector undertaking under the Indian Ministry of Railways.
Incorporated in March 1988 under the Companies Act, CONCOR commenced operations in November 1989 taking over an existing network of seven inland container depots (ICDs) from Indian Railways.
It now has a network of 61 ICDs/CFSs (Container Freight Stations) throughout India.
Answer: (a)
Container Corporation of India Ltd. (CONCOR) is a Navratna Public sector undertaking under the Indian Ministry of Railways.
Incorporated in March 1988 under the Companies Act, CONCOR commenced operations in November 1989 taking over an existing network of seven inland container depots (ICDs) from Indian Railways.
It now has a network of 61 ICDs/CFSs (Container Freight Stations) throughout India.
Answer: Option C. -> Rai Bareli
Answer: (c)The first-ever national aviation university in the country named after Rajiv Gandhi to train pilots, cabin crew and aircraft engineers would come up at Rai Bareli in Uttar Pradesh.
Answer: (c)The first-ever national aviation university in the country named after Rajiv Gandhi to train pilots, cabin crew and aircraft engineers would come up at Rai Bareli in Uttar Pradesh.
Question 47. Consider the following statements:
Which statement is /are correct regarding Industrial Policy 1973:
- The policy listed out the various Appendix 1 industries that could be started by large business houses so that small industries were not driven out of business.
- The establishment of small and medium industries was encouraged.
- Private industries were encouraged to set up production units in rural areas and in backward areas with a vision to give thrust for the economic development of those areas.
Which statement is /are correct regarding Industrial Policy 1973:
Answer: Option D. -> All the above
Answer: (d)
The policy listed out the various Appendix 1 industries that could be started by large business houses so that small industries were not driven out of business. The establishment of small and medium industries was encouraged.
Private industries were encouraged to set up production units in rural areas and in backward areas with a vision to give thrust for the economic development of those areas.
Answer: (d)
The policy listed out the various Appendix 1 industries that could be started by large business houses so that small industries were not driven out of business. The establishment of small and medium industries was encouraged.
Private industries were encouraged to set up production units in rural areas and in backward areas with a vision to give thrust for the economic development of those areas.
Answer: Option D. -> All of these
Answer: (d)Causes of slow growthBritish ruleLack of social mobilityShortage of capitalUnder developed capital marketAgrarian systemDecline of Indian CraftsLack of Indian infrastructureShortage of skilled labour
Answer: (d)Causes of slow growthBritish ruleLack of social mobilityShortage of capitalUnder developed capital marketAgrarian systemDecline of Indian CraftsLack of Indian infrastructureShortage of skilled labour
Answer: Option B. -> Malanjkhand Copper Project (MP)
Answer: (b)
Malanjkhand Copper Project was established in 1982. The initial project has been set up by Hindustan Copper Ltd to exploit the copper ore through an open-pit mine.
Khetari Copper complex (1967): It is developed & maintained by Hindustan copper ltd.
Indian copper complex (1930): Process plant to produce 19000 TPA of referred copper.
Tajola copper project (1989): Plant to produce 60,000 TPA of continuous cast wire rod.
Answer: (b)
Malanjkhand Copper Project was established in 1982. The initial project has been set up by Hindustan Copper Ltd to exploit the copper ore through an open-pit mine.
Khetari Copper complex (1967): It is developed & maintained by Hindustan copper ltd.
Indian copper complex (1930): Process plant to produce 19000 TPA of referred copper.
Tajola copper project (1989): Plant to produce 60,000 TPA of continuous cast wire rod.
Question 50. Consider the following statements :
Which of the statements given above is/are Correct:
- The first petrochemical industry in India was started with the establishment of the National organic chemical industry limited in the sixties.
- The real thrust of the petrochemical industry in India came with the establishment of the Indian Petrochemical Corporation Limited (IPCL) at Baroda.
Which of the statements given above is/are Correct:
Answer: Option A. -> Both 1 and 2
Answer: (a)
The first petrochemical industry in India was started with the establishment of National Organic Chemical Industry Limited in 1961.
The company manufacture various organic and inorganic chemicals.
The real thrust of the Petrochemical industry in India came with the establishment of Indian Petrochemical Corporation Limited (IPCL) at Baroda on March 22, 1969, with a view to promote and encourage the use of plastics in India.
Answer: (a)
The first petrochemical industry in India was started with the establishment of National Organic Chemical Industry Limited in 1961.
The company manufacture various organic and inorganic chemicals.
The real thrust of the Petrochemical industry in India came with the establishment of Indian Petrochemical Corporation Limited (IPCL) at Baroda on March 22, 1969, with a view to promote and encourage the use of plastics in India.
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