MCQOPTIONS
Saved Bookmarks
MCQOPTIONS
This section includes 2956 Mcqs, each offering curated multiple-choice questions to sharpen your UPSC IAS Exam knowledge and support exam preparation. Choose a topic below to get started.
| 2251. |
Which sentence is correct regarding Industrial Development and Regulation Act 1951?I. They controlled the authorization of capability, whereabouts and growth of any request for manufacture of new products.II. They controlled the authorization of foreign exchange expenditure on the import of plant and machinery.III. They controlled the authorization for the terms of international joint ventures. |
| A. | I & II |
| B. | Only III |
| C. | II & III |
| D. | All the above |
| Answer» E. | |
| 2252. |
What are the major points when India was declared as mixed economy? I. 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. II. A group of 18 specified industries (of medium category) were in control of the state governments in liaison with the central government. III. The remaining industrial options which were not covered by either the centre or state lists, were left open to the private sector. IV. This policy was to be reviewed after 5 years. |
| A. | I & II |
| B. | I, II & III |
| C. | Only III |
| D. | All the above |
| Answer» E. | |
| 2253. |
What were the modified policies of government after 1950?s? I. Defence and strategic industries were to be the exclusive domain of the government. II. Existing units in basic and key industries could continue in the private sector but no fresh private investment in these sectors was to be allowed. III. Twenty important industries were allowed in private sector but under strict supervision of the state. IV. All industries not covered by the above three categories were allowed in the private sector under general supervision of the state. |
| A. | Only I |
| B. | I & II |
| C. | II & III |
| D. | All the above |
| Answer» E. | |
| 2254. |
Match the following products with their percentage part that was controlled by the foreigners at the time of independence: Product PercentageI.Teaa70%II.Juteb73%III.Coalc65%IV.Mineralsd90% |
| A. | I - c, II - d, III - a, IV - b |
| B. | I - b, II - d, III - a, IV - c |
| C. | I - c, II - b, III - a, IV - d |
| D. | I - a, II - d, III - c, IV - b |
| Answer» B. I - b, II - d, III - a, IV - c | |
| 2255. |
List-1 List-11 (Industries) (Industrial Centres)[A] Pearl fishing(1)Pune[B]Automobiles(2)Tuticorin[C]Ship building(3)Pinjore[D]Engineering goods(4)Marmagao |
| A. | A-2; B-1; C-4; D-3 |
| B. | A-2; B-1; C-3; D-4 |
| C. | A-1; B-2; C-4; D-3 |
| D. | A-1; B-2; C-3; D-4 |
| Answer» B. A-2; B-1; C-3; D-4 | |
| 2256. |
In the context of Indian economy, which of the following is/are the purpose/purposes of 'Statutory Reserve Requirements'?1. To enable the Central Bank to control the amount of advances the banks can create2. To make the people's deposits with banks safe and liquid3. To prevent the commercial banks from making excessive profits4. To force the banks to have sufficient vault cash to meet their day-to-day requirementsSelect the correct answer using the code given below. |
| A. | 1 only |
| B. | 1 and 2 only |
| C. | 2 and 3 only |
| D. | 1, 2, 3 and 4 |
| Answer» C. 2 and 3 only | |
| 2257. |
What is/are the facility/facilities the beneficiaries can get from the services of Business Correspondent (Bank Saathi) in branchless areas? 1. It enables the beneficiaries to draw their subsidies and social security benefits in their villages. 2. It enables the beneficiaries in the rural areas to make deposits and withdrawals. 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 |
| Answer» D. Neither 1 nor 2 | |
| 2258. |
It is argued that continuation of reservation for Small Scale Industries after import liberalisation is anachronistic because |
| A. | such reservation does not exist outside India |
| B. | Indian small scale manufacturers have to compete with large scale manufacturers from outside |
| C. | Indian large scale producers cannot compete in outside markets |
| D. | Indian SSI units are inherently inefficient |
| Answer» C. Indian large scale producers cannot compete in outside markets | |
| 2259. |
Consider the following liquid assets: 1. Demand deposits with the banks 2. Time deposits with the banks 3. Saving deposits with the banks 4. Currency The correct sequence of these assets in the decreasing order of liquidity is |
| A. | 1-4-3-2 |
| B. | 4-3-2-1 |
| C. | 2-3-1-4 |
| D. | 4-1-3-2 |
| Answer» E. | |
| 2260. |
Consider the following statements: 1. Inflation benefits the debtors. 2. Inflation benefits the bondholders. 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 |
| Answer» B. 2 only | |
| 2261. |
Which of the following grants / grant direct credit assistance to rural households?1. Regional Rural Banks2. National Bank for Agriculture and Rural Development3. Land Development BanksSelect the correct answer using the codes given below. |
| A. | 1 and 2 only |
| B. | 2 only |
| C. | 1 and 3 only |
| D. | 1, 2 and 3 |
| Answer» D. 1, 2 and 3 | |
| 2262. |
The Reserve Bank of India regulates the commercial banks in matters of 1. liquidity of assets 2. branch expansion 3. merger of banks 4. winding-up of banks Select the correct answer using the codes given below. |
| A. | 1 and 4 only |
| B. | 2, 3 and 4 only |
| C. | 1, 2 and 3 only |
| D. | 1, 2, 3 and 4 |
| Answer» E. | |
| 2263. |
With the reference to the public sector undertaking in India, consider the following statements: 1. Minerals and Metals Trading Corporation of India limited is the largest non-oil importer of the country. 2. Project and Equipment Corporation of India Limited is under the ministry of industry. 3. 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 the above statement(s) are correct? |
| A. | 1 only |
| B. | 1 and 2 |
| C. | 2 and 3 |
| D. | 3 only |
| Answer» B. 1 and 2 | |
| 2264. |
Consider the following factors regarding an industry: 1. Capital investments 2. Business turnover 3. Labor forces 4. Power consumption Which of the following factor determine the nature and size of the industry |
| A. | 1, 3 and 4 |
| B. | 1, 2 and 4 |
| C. | 2, 3 and 4 |
| D. | 2 and 3 |
| Answer» B. 1, 2 and 4 | |
| 2265. |
Consider the following statements: Small-Scale industries are in most cases not as efficient as and competitive as the large scales one. Yet the government provides preferential treatment and reservation in a range of product to the small firms because small industries 1. Provide higher employment on a par unit capital development basis. 2. Promote a regional dispersion of industries and economic activities. 3. Have promoted better in export of manufacture products than the large scales one. 4. Provides job to low skills workers, who otherwise may not find employment avenues elsewhere. Which of the above statement(s) are correct? |
| A. | 1 and 4 |
| B. | 1 and 2 |
| C. | 2 and 3 |
| D. | 3 and 4 |
| Answer» B. 1 and 2 | |
| 2266. |
Consider the following statements: 1. Lack of adequate entrepreneurship and leadership in business. 2. Lack of saving to invest. 3. Lack of technology, skills and infrastructure. 4. Limited purchasing power among the larger masses. Which of the above statement(s) are correct? |
| A. | 1, 2 and |
| B. | 1, 3 and 4 |
| C. | 2, 3 and 4 |
| D. | 1, 2 and 4 |
| Answer» E. | |
| 2267. |
India has a high export earnings from Diamonds. In this context, consider the following: 1. High Diamonds Stocks 2. Large Production of Industrial Diamonds 3. Availability of experts on cutting and polishing Which among the above is/ are most appropriate reason/reasons behind the above fact? |
| A. | Only 1 |
| B. | Only 1 & 3 |
| C. | Only 3 |
| D. | 1, 2 & 3 |
| Answer» D. 1, 2 & 3 | |
| 2268. |
Consider the following factors: 1. High Investment in industries 2. Expanding market for product 3. Dynamic entrepreneurship Which of the above are required for accelerated growth of an economy? |
| A. | Only 1 |
| B. | 1 & 2 |
| C. | 1, 2 & 3 |
| D. | 2 & 3 |
| Answer» D. 2 & 3 | |
| 2269. |
British colonial authorities did not oppose the setting up of cotton mills in India by local capitalists during the 19th century because |
| A. | the coast of producing mill cloth in India was higher |
| B. | the first mills set up in India were spinning mills which competed with indigenous hard spinning |
| C. | it was too expensive to transport textiles to U.K. |
| D. | the quality of Indian mill-made cloth was inferior |
| Answer» C. it was too expensive to transport textiles to U.K. | |
| 2270. |
In context of the present ceiling on investment for categorization of various enterprises as Micro, Small and Medium Manufacturing Enterprises (MSMEs), which of the following statements are correct: 1. A micro enterprise is an enterprise where the investment in equipment does not exceed Rs. 25 lakh. 2. A small enterprise is an enterprise where the investment in equipment is more than Rs. 25 lakh but does not exceed Rs. 5 crore. 3. A medium enterprise is an enterprise where the investment in equipment is more than Rs. 5 crore but does not exceed Rs. 10 crore. |
| A. | Only 1 |
| B. | Only 2 |
| C. | Only 3 |
| D. | All of them |
| Answer» E. | |
| 2271. |
Arrange the following Acts in order in which they were enacted. Use the codes given below. 1. The Industrial Employment (Standing orders) Act. 2. The Indian Trade Unions Act 3. The Industrial Disputes Act 4. The Employment Exchange (Compulsory Notification) Act Codes: |
| A. | 2, 1, 3, 4 |
| B. | 3, 4, 1, 2 |
| C. | 1, 2, 4, 3 |
| D. | 4, 3, 2, 1 |
| Answer» B. 3, 4, 1, 2 | |
| 2272. |
Consider the following statements about Competition Commission of India. 1. Competition Commission of India (CCI) was established with effect from 14th October 2003. 2. The goal is to combat the monopoly tendencies and faster the competition among public sector enterprises. 3. CCI (Competition Commission of India) consists of a chairperson and 6 members appointed by the central government. Which of the statements given above is/are correct? |
| A. | 1 only |
| B. | 2 only |
| C. | 1 and 2 |
| D. | All of the above |
| Answer» E. | |
| 2273. |
Consider the following statements: 1. India has attained self-sufficiency in almost all consumer goods. 2. In terms of capital goods, India still depends on the import. 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 |
| Answer» C. Both 1 and 2 | |
| 2274. |
Consider the following statements:1. Miniratna public sector enterprises can be a joint venture, set subsidiary company or overseas office but with certain conditions.2. Till now there are less than 50 public sector enterprises which have been given Miniratna status by the Indian governmentWhich of the statements given above is/are correct? |
| A. | 1 only |
| B. | 2 only |
| C. | Both 1 and 2 |
| D. | Neither 1 nor 2 |
| Answer» D. Neither 1 nor 2 | |
| 2275. |
Consider the following statements: 1. The first petrochemical industry in India was started with the establishment of National organic chemical industry limited in sixties. 2. The real thrust of petrochemical industry in India came with the establishment of Indian Petrochemical Corporation Limited (IPCL) at Baroda Which of the statements given above is/are |
| A. | 1 only |
| B. | 2 only |
| C. | Both 1 and 2 |
| D. | Neither 1 nor 2 |
| Answer» D. Neither 1 nor 2 | |
| 2276. |
Consider the following statements about the Navaratna status industries. 1. Navaratna was originally assigned to nine public sector enterprises in 1997. 2. The number of PSEs (Public Sector Enterprises) having Navaratna status is now more than 15 industries. 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 |
| Answer» D. Neither 1 nor 2 | |
| 2277. |
Consider the following statements: 1. MMTC limited is India's largest international trading organisation. 2. Neelanchal Ispat Nigam Limited has been set Up by MMTC jointly with the government of Odisha. 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 |
| Answer» D. Neither 1 nor 2 | |
| 2278. |
The Eastern Dedicated Freight Corridor being built by Indian Railway will connect |
| A. | Panipat and Allahabad |
| B. | Rajkot and Bhubaneswar |
| C. | Jawaharlal Nehru Port and Tuglakabad |
| D. | Ludhiana and Sonnagar |
| Answer» E. | |
| 2279. |
With reference to the National Investment Fund to which the disinvestment proceeds are routed, consider the following statements? 1. The assets in the National Investment Fund are managed by the Union Ministry of Finance. 2. The National Investment Fund is to be maintained within the Consolidated Fund of India. 3. Certain Asset Management companies are appointed as the fund managers. 4. A certain proportion of annual income is used for financing select social sectors. Which of the statements given above is/are correct? |
| A. | 1 and 2 |
| B. | 2 only |
| C. | 3 and 4 |
| D. | 3 only |
| Answer» D. 3 only | |
| 2280. |
Consider the following statements: Small-scale industries are in most cases, not as efficient and competitive as the large-scale ones. Yet the government provides preferential treatment and reservations in a range of products to the small firms because small-scale industries. 1. provide higher employment on a per unit capital development basis.2. promote a regional dispersion of industries and economic activities.3. have performed better in export on manufactured products than the large scale ones.4. provide jobs to low-skill workers, who otherwise may not find employment revenues elsewhere.Which of the above statements are correct? |
| A. | 1 and 4 |
| B. | 1 and 2 |
| C. | 2 and 3 |
| D. | 3 and 4 |
| Answer» E. | |
| 2281. |
Recently, India's first 'National Investment and Manufacturing Zone' was proposed to be set up in (1AS Prelims 2016) |
| A. | Andhra Pradesh |
| B. | Gujarat |
| C. | Maharashtra |
| D. | Uttar Pradesh |
| Answer» B. Gujarat | |
| 2282. |
The term 'Base Erosion and Profit Shifting? is sometimes seen in the news in the context of (1AS Prelims 2016) |
| A. | mining operation by multinational companies in resource-rich but backward areas |
| B. | curbing of the tax evasion by multinational companies |
| C. | exploitation of genetic resources of a country by multinational companies |
| D. | lack of consideration of environmental costs in the planning and implementation of developmental projects |
| Answer» C. exploitation of genetic resources of a country by multinational companies | |
| 2283. |
What does venture capital mean? |
| A. | A short-term capital provided to industries |
| B. | A long-term start-up capital provided to new entrepreneurs |
| C. | Funds provided to industries at times of incurring losses |
| D. | Funds provided for replacement and renovation of industries |
| Answer» C. Funds provided to industries at times of incurring losses | |
| 2284. |
Which of the following is not an internal factor for industrial sickness? |
| A. | Mismanagement |
| B. | Power shortage |
| C. | Wrong dividend policy |
| D. | Diversion of funds |
| Answer» C. Wrong dividend policy | |
| 2285. |
An increase in the Bank Rate generally indicates that the |
| A. | market rate of interest is likely to fall |
| B. | Central Bank is no longer making loans to commercial banks |
| C. | Central Bank is following an easy money policy |
| D. | Central Bank is following a tight money policy |
| Answer» E. | |
| 2286. |
The balance of payments of a country is a systematic record of |
| A. | all import and export transactions of a country during a given period of time, normally a year |
| B. | good exported from a country during a year |
| C. | economic transaction between the government of one country to another |
| D. | capital movements from one country to another. |
| Answer» D. capital movements from one country to another. | |
| 2287. |
What does PKI stands for? |
| A. | Private Key Infrastructure |
| B. | Primary Key Infrastructure |
| C. | Public Key Infrastructure |
| D. | Public Key Institute |
| Answer» D. Public Key Institute | |
| 2288. |
Which among the following sectors contributes maximum excise revenue to Indian exchequer? |
| A. | Agriculture |
| B. | Steel industry |
| C. | Oil and gas |
| D. | Aviation |
| Answer» D. Aviation | |
| 2289. |
The Council of Scientific and Industrial Research (CSIR) links 37 constituent laboratories with diverse research portfolios as varied as drug discovery to oceanography. Recently we read in the newspapers that CSIR's latest imitative is launching of an Open Source Drug Discovery (OSDD) Programme. What is the main purpose of Open Source Drug Discovery (OSDD) Programme? |
| A. | To make India a hub of drug research and development |
| B. | To bring the scientists of the world under one roof |
| C. | To bring down the costs of the new drugs and make them affordable to all |
| D. | To make India self-reliant in Drug production |
| Answer» D. To make India self-reliant in Drug production | |
| 2290. |
Which one of the following is the objective of National Renewal Fund? |
| A. | To safeguard the interest of workers who may be affected by technology up gradation of industry or closer of sick units. |
| B. | To develop a core sector of economy. |
| C. | For the development of the infrastructure such as energy, transport, communication and irrigation. |
| D. | For human resources development such as full literacy, employment, population control, housing and drinking water. |
| Answer» B. To develop a core sector of economy. | |
| 2291. |
Tourism industries India is quite a small compared to many other countries in term of India potentials and size. Which one of the following statement is correct in this regard? |
| A. | Distances in India are too far apart and its luxury hotels are too expensive for western tourists |
| B. | For most of the months India is too hot for western tourist to feel comfortable |
| C. | Most of the picturesque resort in India such as in North- East and Kashmir are, for all practical purposes, out of bounds |
| D. | In India the infrastructure required for attracting tourists is inadequate |
| Answer» E. | |
| 2292. |
Who among the following are the beneficiaries of the MAFALDA? |
| A. | Landless Laborers |
| B. | Jobless Youth |
| C. | Small Industries |
| D. | Small and Marginal Farmers |
| Answer» E. | |
| 2293. |
'Level playing field' argument of industries requires |
| A. | MNCs to be stopped from investing in India. |
| B. | licence for MNCs to be given only in environment friendly technology. |
| C. | domestic industry to be given preference. |
| D. | domestic industry to be treated on par with MNCs. |
| Answer» E. | |
| 2294. |
Bring out the incorrect statement regarding India's textile sector: |
| A. | India's textile and clothing sector currently employs 35 million people |
| B. | After agriculture it is second largest provider of employment |
| C. | Textile sector has a tendency to shrink as the GDP and Economy grows |
| D. | Textile sector is a major absorber of low-skilled labor |
| Answer» D. Textile sector is a major absorber of low-skilled labor | |
| 2295. |
Who among the following heads the Genetic Engineering Approvals Committee (GEAC) in India? |
| A. | Minister of Environment & Forests |
| B. | Minister of Science and Technology |
| C. | Minister of Agriculture |
| D. | None of them |
| Answer» E. | |
| 2296. |
Which among the following was the first deepwater block in India to start production? |
| A. | Krishna Godavari D-6 |
| B. | Mahanadi deepwater block NECDWN-2002/1 |
| C. | SB-11 |
| D. | KG-DWN- 2005/2 |
| Answer» B. Mahanadi deepwater block NECDWN-2002/1 | |
| 2297. |
In an oligopolistic or monopolistically competitive market, firms do not raise their prices because even a small price increase will lose many customers. Which among the following is the most suitable terms used for this concept? |
| A. | Supracompetitive pricing |
| B. | Swing Demand |
| C. | Kinked Demand |
| D. | Imperfect |
| Answer» D. Imperfect | |
| 2298. |
In which among the following years, a new ?Liberalized Industrial Policy? in India was announced for the first time? |
| A. | 1986 |
| B. | 1991 |
| C. | 1992 |
| D. | 1993 |
| Answer» C. 1992 | |
| 2299. |
Which among the following is the most important bulk import of India? |
| A. | Nonelectrical machinery |
| B. | Electric Goods |
| C. | Petroleum |
| D. | Food Grains |
| Answer» D. Food Grains | |
| 2300. |
Which among the following is the correct full form of SIDO? |
| A. | Small Industries Development Organization |
| B. | Sick Industries Development Organization |
| C. | Small Industries Development Office |
| D. | State Industrial Development Organization |
| Answer» E. | |