INDUSTRIES : PREVIOUS YEAR QUESTIONS :: ECONOMICS

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2012

In India, in the overall index of Industrial Production, the Indices of Eight Core Industries have a combined weight of 37.90%. Which of the following are among those Eight Core Industries?

1. Cement

2. Fertilizers

3. Natural Gas

4. Refinery products

5. Textiles

Select the correct answer using the codes given below:

(a) 1 and 5 only

(b) 2, 3 and 4 only

(c) 1, 2, 3 and 4 only

(d) 1, 2, 3, 4 and 5

c

 

2013

With reference to the usefulness of the by-products of sugar industry, which of the following statements is/are correct?

1. Bagasse can be used as biomass fuel for the generation of energy.

2. Molasses can be used as one of the feedstocks for the production of synthetic chemical fertilizers.

3. Molasses can be used for the production of ethanol.

Select the correct answer using the codes given below.

(a) 1 only

(b) 2 and 3 only

(c) 1 and 3 only

(d) 1, 2 and 3

c

 

2015

 In the Index of Eight Core Industries, which one of the following is given the highest weight?
a) Coal Production
b) Electricity generation
c) Fertilizer Production
d) Steel Production
Solution: b)

 

 

2016

  1. Pradhan Mantri MUDRA Yojana is aimed at

(a) bringing the small entrepreneurs into formal financial system

(b) providing loans to poor farmers for cultivating particular crops

(c) providing pensions to old and destitute persons

(d) funding the voluntary organizations involved in the promotion of skill development and employment generation

Solution: A

 

With reference to ‘stand up India scheme’, which of the following statement is/are correct?

  1. Its purpose is to promote entrepreneurship among SC/ST and women entrepreneurs.
  2. It provides for refinance through SIDBI.

Select the correct answer using the code given below.

(a) 1 only

(b) 2 only

(c) Both 1 and 2

(d) Neither 1 nor 2

Solution: C

 

2017

With reference to the ‘Quality Council of India (QCI)’, consider the following statements:

  1. QCI was set up jointly by the Government of India and the Indian Industry.
  2. Chairman of QCI is appointed by the Prime Minister on the recommendations of the industry to the Government.

Which of the above statements is/are correct?

(a)1 only

(b)2 only

(c)Both 1 and 2

(d)Neither 1 nor 2

ANS:C

 

2019

Consider the following statements:

As per the Industrial Employment (Standing Orders) Central (Amendment) Rules, 2018

1. if rules for fixed-term employment are implemented, it becomes easier for the firms/companies to lay off workers

2. no notice of termination of employment shall be necessary in the case of temporary workman

Which of the statements given above is/are correct?

(a)1 only

(b)2 only

(c)Both 1 and 2

(d)Neither 1 nor 2

ANS:C

2020

The term ‘West Texas Intermediate’, sometimes found in news, refers to a grade of

(a) Crude oil

(b) Bullion

(c) Rare earth elements

(d) Uranium

Answer: A

 

With reference to the Indian Economy after the 1991 economic liberalization, consider the following statements:

1. Worker productivity ( rupees per worker at 2004-05 prices) increased in urban areas while it decreased in rural areas.

2. The percentage share of rural areas in the workforce steadily increased.

3. In rural areas, the growth in the non-farm economy increased.

4. The growth rate in rural employment decreased.

Select the correct answer using the code given below:

(a) 1and 2 only

(b) 3 and 4 only

(c) 3 only

(d) 1, 2 and 4

Answer: B

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