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Industry and Infrastructure 02
Question
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of 15
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Q1. The ‘Golden Handshake’ scheme is associated with:
A.
Share Markets
B.
Voluntary Retirement (VRS)
C.
Gold Auctions
D.
Foreign Direct Investment
ANSWER & SOLUTION
MARK FOR REVIEW
Correct Answer:
B
Golden Handshake refers to the incentives offered to employees for taking voluntary retirement.
Q2. Which city is known as the ‘Manchester of South India’?
A.
Madurai
B.
Coimbatore
C.
Chennai
D.
Bengaluru
ANSWER & SOLUTION
MARK FOR REVIEW
Correct Answer:
B
Coimbatore is so named because of its extensive textile industry and cotton production.
Q3. What is the maximum limit of FDI in the defense sector via the automatic route?
A.
26%
B.
49%
C.
74%
D.
100%
ANSWER & SOLUTION
MARK FOR REVIEW
Correct Answer:
C
The government increased the limit for FDI in defense via the automatic route to 74% (subject to certain conditions).
Q4. Which state is the largest producer of silk in India?
A.
West Bengal
B.
Karnataka
C.
Andhra Pradesh
D.
Assam
ANSWER & SOLUTION
MARK FOR REVIEW
Correct Answer:
B
Karnataka is the leading producer of mulberry silk in the country.
Q5. The ‘Make in India’ initiative was launched in:
A.
2012
B.
2014
C.
2015
D.
2016
ANSWER & SOLUTION
MARK FOR REVIEW
Correct Answer:
B
Launched in September 2014, the program aims to transform India into a global manufacturing hub.
Q6. Which is NOT part of the machinery that settles industrial disputes?
A.
Conciliation Officers
B.
Board of Conciliation
C.
Wage Courts
D.
Works Committee
ANSWER & SOLUTION
MARK FOR REVIEW
Correct Answer:
C
Wage Courts are not standard statutory bodies for dispute settlement; Labor Courts and Tribunals are used instead.
Q7. The basic attribute of a formal organisation is
A.
esteem and prestige
B.
roles and duties
C.
dominance and supremacy
D.
rules and regulation
ANSWER & SOLUTION
MARK FOR REVIEW
Correct Answer:
D
Formal organizations are characterized by a set of well-defined rules, regulations, and hierarchies.
Q8. The first modern industry to develop in India was
A.
Iron and Steel Industry
B.
Cement Industry
C.
Cottage Industry
D.
Engineering Industry
ANSWER & SOLUTION
MARK FOR REVIEW
Correct Answer:
A
The establishment of TISCO in 1907 marked the beginning of the modern iron and steel era in India.
Q9. Central theme of the Chipko Movement (1973)?
A.
River conservation
B.
Protection of birds
C.
Protection of cheetals
D.
Conservation of forests
ANSWER & SOLUTION
MARK FOR REVIEW
Correct Answer:
D
Led by Sunderlal Bahuguna, this was a non-violent social and ecological movement by rural villagers.
Q10. In the Industrial Policy of 1991, how many industries were reserved for Public Sector?
A.
10
B.
8
C.
15
D.
13
ANSWER & SOLUTION
MARK FOR REVIEW
Correct Answer:
B
The 1991 policy drastically reduced the public sector's monopoly to just 8 core industries (now further reduced).
Q11. Which state has the largest number of cotton textile mills?
A.
Madhya Pradesh
B.
Maharashtra
C.
Gujarat
D.
West Bengal
ANSWER & SOLUTION
MARK FOR REVIEW
Correct Answer:
B
Maharashtra, particularly Mumbai (the 'Cottonopolis'), leads in cotton textile manufacturing.
Q12. Shale gas is abundantly found in which type of rocks in India?
A.
Off-shore
B.
Igneous
C.
Sedimentary
D.
Marsh land
ANSWER & SOLUTION
MARK FOR REVIEW
Correct Answer:
C
Shale gas is trapped within sedimentary rock formations like the Cambay and Krishna-Godavari basins.
Q13. First deepwater block in India to start production?
A.
Krishna Godavari D-6
B.
Mahanadi block
C.
SB-11
D.
KG-DWN- 2005/2
ANSWER & SOLUTION
MARK FOR REVIEW
Correct Answer:
A
Reliance Industries' KG-D6 was the first deepwater gas field in India to commence production.
Q14. Which one of the following is NOT an example of economic overheads?
A.
Schools
B.
Sanitary Facilities
C.
Roads and Railways
D.
Coal Mines
ANSWER & SOLUTION
MARK FOR REVIEW
Correct Answer:
D
Coal mines are part of the industrial/extractive sector; the others are infrastructure (overheads) that support economic activity.
Q15. American chemical company GCIL was acquired by-
A.
Shriram Group
B.
Reliance Group
C.
Birla Group
D.
Tata Group
ANSWER & SOLUTION
MARK FOR REVIEW
Correct Answer:
D
(General Chemical Industrial Products was acquired by Tata Chemicals in 2008).
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