Practice Test


Q1) In LPG L is ____________P is privatization and G is globalization Show Answer


Q2) Before 1991__________ played a pioneering role in industrial growth Show Answer


Q3) Second plan based on the ________ give pride of place to the development of heavy machine building industries Show Answer


Q4) On ____________the government announced its new industrial policy statement Show Answer


Q5) Areas where security and strategic concerns predominant will be reserved for the _________ Show Answer


Q6) F E R A means ____________ Show Answer


Q7) Special Empowered Board was set up approve direct foreign investment in______________ Show Answer


Q8) The new policy brings down the number of industries reserved for the public sector to________ Show Answer


Q9) Public sector AIMS at encouraging the development of______ Show Answer


Q10) CPSE means ____________ Show Answer


Q11) Public sector undertakings have located their plants in _______parts of the country Show Answer


Q12) ___________Have undertaken research and development programme in big way Show Answer


Q13) Several public enterprises suffers from_____________ Show Answer


Q14) Manpower planning is________ in several public enterprises Show Answer


Q15) There is considerable __________in public enterprises Show Answer


Q16) There _______ clear cut price policy for public enterprise Show Answer


Q17) Public sector was essential to realize the target of_________ Show Answer


Q18) The expansion of the public sector was aimed at the fulfillment of our ______. Show Answer


Q19) The disinvestment policy of the government aimed to ______the financial burden on government. Show Answer


Q20) While pursing disinvestment, Government retain majority shareholding, i.e. at least________. Show Answer


Q21) HAL refers to _________. Show Answer


Q22) Long form of ONGC ____________ means. Show Answer


Q23) Small scale industries tend to be_________ Show Answer


Q24) Small scale industries use a relatively __________of imported equipment and materials. Show Answer


Q25) Small-industries are of the” _______investment type” Show Answer


Q26) Small-scale industries generate _________ number of employment opportunities. Show Answer


Q27) Small-scale industries generate ________distribution of income and wealth. Show Answer


Q28) The loss of production and man-days are comparatively _______ in small-scale industries. Show Answer


Q29) Small scale industries normally tap ________ source for meeting raw material requirements. Show Answer


Q30) There is _______utilisation of installed capacity in case of small industries. Show Answer


Q31) In small scale industries there is ______ project planning Show Answer


Q32) A small scale unit located in a remote backward area may have problem with respect to ______. Show Answer


Q33) NSCI refers to ______. Show Answer


Q34) The developed countries are industrially developed where as the developing countries are agricultural economies Show Answer


Q35) After 1991 the public sector assumed important rules with regard to enterpreneurial managerial technological financial and marketing strengths Show Answer


Q36) The post liberalisation period witnessed a number of changes in the industrial growth due to number of policy changes Show Answer


Q37) the failure to generate profits has been a major drawback of the policy of public sector dominance in industrial growth of Pre reform period Show Answer


Q38) The share of industrial sector in gross domestic product has slowly but consistently increased Show Answer


Q39) There were many public sector industries during the pre independence period Show Answer


Q40) Compulsory licensing provision is not applicable to small scale units Show Answer


Q41) In project where imported capital goods are required, automatic clearance will be given in such cases where foreign exchange availability is ensured through foreign equity Show Answer


Q42) Approval will be given for direct foreign investment up to 51% in equity in high priority industries Show Answer


Q43) Inefficient public sector undertakings cannot be closed down if they are not viable Show Answer


Q44) The main element of the new policy removes all the present restrictions on Indian businesses and industries about what to produce, where to produce, how much to produce and who can produce Show Answer


Q45) Government intervention through public sector was necessary for self-reliant economic growth Show Answer


Q46) Private sector aims to promote balanced regional growth Show Answer


Q47) Public sector is a model employer Show Answer


Q48) public enterprises have been making substantial contribution to the government exchequer through payment of corporate taxes, excise duty, custom duty etc. Show Answer


Q49) Public enterprises have done much to promote India's import Show Answer


Q50) Some public sector enterprises where started specifically to produce goods which were formerly imported and thus to save foreign exchange Show Answer


Q51) LPG was introduced in India in the year __________ Show Answer


Q52) There are __________ public sector enterprises owned by the central government Show Answer


Q53) Industrial growth rate in 2017-18 was __________ Show Answer


Q54) The period after the year 1991 is known as the __________ period Show Answer


Q55) During 1965 to 80 the industrial sector was marked by __________ and __________ Show Answer


Q56) At present India's rank in the ease of doing business index is __________ out of 190 countries Show Answer


Q57) Licensing system was __________ in the 1991 industrial policy Show Answer


Q58) Make in India is concerned with __________ sector Show Answer


Q59) The Index Of Industrial Production consists of __________ Show Answer


Q60) The base year for calculation of IIP is __________ Show Answer


Q61) The first industrial policy of independent India was announced in the year __________ Show Answer


Q62) Indian economy is said to be __________ economy Show Answer


Q63) Licensing system was __________ in the 1991 industrial policy Show Answer


Q64) At present only __________ industries are reserved for the public sector Show Answer


Q65) The threshold limit of rupees __________ for a Monopoly firm was removed in the year 1991 Show Answer


Q66) __________ program was introduced to improve the quality of labour in India Show Answer


Q67) _________ initiative encourages online payment Show Answer


Q68) __________ act substituted MRTP act Show Answer


Q69) Mandatory convertibility clause was __________ in the 1991 new industrial policy Show Answer


Q70) The sale of equity in public sector enterprises is known as __________ Show Answer


Q71) GDR refers to __________ Show Answer


Q72) The proceeds of disinvestment constitutes __________ Show Answer


Q73) The chairman of the public sector disinvestment commission in 1996 was __________ Show Answer


Q74) __________ is the nodal agency for implementation of disinvestment process at present Show Answer


Q75) Disinvestment of government equity begin in __________ Show Answer


Q76) The sale of equity in _______ sector enterprises is known as disinvestment Show Answer


Q77) __________ is the target fixed for disinvestment in union budget 19-20 Show Answer


Q78) DIPAM stands for __________ Show Answer


Q79) Government policy on disinvestment was introduced in __________ Show Answer


Q80) The disinvestment target in 2019-20 budget is __________ Show Answer


Q81) The micro, small and medium enterprises development Act was passed in the year __________ Show Answer


Q82) __________ is the apex organisation for financing small scale industries Show Answer


Q83) The investment limit for micro enterprises in the manufacturing sector at present is __________ Show Answer


Q84) SIDBI was established in __________ Show Answer


Q85) Subsidies are given to SSI for ISO 14001 certification which is concerned with __________ Show Answer


Q86) UAN stands for __________ Show Answer


Q87) __________ is concerned with revival and rehabilitation of distress MSME Show Answer


Q88) ASPIRE stands for __________ Show Answer


Q89) __________ is not part of classification of industries on the basis of ownership Show Answer


Q90) India's rank in ease of doing business index is __________ Show Answer


Q91) N I P 1991 gave a predominant role to the public sector Show Answer


Q92) Locational restrictions were made more rigid in the 1991 policy Show Answer


Q93) Withdrawal of mandatory conversion clause was a boon to the industrial sector Show Answer


Q94) The new policy assign the significant role to FDI and foreign technology Show Answer


Q95) NIP 1991 is a mixed bag consisting of both merits and demerits Show Answer


Q96) Make in India is a new restriction imposed by the government on the private sector units Show Answer


Q97) The return on investment in PSU is very high Show Answer


Q98) Mobilization of funds is the only objective of disinvestment Show Answer


Q99) The public sector unit, Coal India Limited was disinvested recently Show Answer


Q100) The National Common Minimum Programme guided disinvestment process during 2004 to 2009 Show Answer


Q101) Rupees 105000 crores is the disinvestment target for 2019-20 Show Answer


Q102) Since 1991 there have been major changes in public sector Show Answer


Q103) Disinvestment targets have always been exceeded Show Answer


Q104) Public sector enterprises contribute a major segment of industrial activity in India Show Answer


Q105) DIPAM is the nodal agency for disinvestment process Show Answer


Q106) There is no industrial sickness in case of SSI Show Answer


Q107) The number of items reserved for SSI has been continuously increasing Show Answer


Q108) Funds are granted under market development assistance scheme for technology upgradation Show Answer


Q109) SSI employ nearly 65 million pipal and account for 30% of the total export Show Answer


Q110) Women entrepreneurs are given special assistance by government in developing SSI Show Answer


Q111) Adequate finance is available for small scale industries Show Answer


Q112) Small scale industries are very significant from the point of view of employment Show Answer


Q113) Small scale industries are very significant in India Show Answer


Q114) Small scale industries do not face any problem in India Show Answer


Q115) Quota restrictions on the textile industries have increased since 2005 Show Answer


Q116) Post reform period produce mixed trends in the industrial sector Show Answer


Q117) At present maximum contribution to GDP comes from the industrial sector Show Answer


Q118) India has become a favourable destination for automobile
, information technology and electronics
Show Answer


Q119) There is no improvement in the infrastructure sector since independence Show Answer


Q120) Industrial growth pick up significantly during the tenth plan period Show Answer


Q121) The industrial growth begin to fall from middle of 1993 94 Show Answer


Q122) public sector has not played any role in the achievement of reducing concentration of economic power in some private hands Show Answer


Q123) Lack of precise criterion and flaws in planning have cost undue delay and inflated cost in the commissioning of the project Show Answer


Q124) Over capitalisation in public sector enterprises resulted in which stage of scarce capital resources Show Answer


Q125) The management of public enterprises in our country leaves much to be desired Show Answer


Q126) Disinvestment policy of the government aimed to politicise essential services Show Answer


Q127) The disinvestment policy of the government aimed to increase financial burden on the government Show Answer


Q128) In all cases of disinvestment, the government would retain at least 51% equity and management control1 Show Answer


Q129) The department of disinvestment has no plan or non plan scheme Show Answer


Q130) In a developing country like India the small scale sector I have no role in the industrial structure Show Answer


Q131) The concept of small businesses has been defined by different countries in different ways Show Answer


Q132) In small scale industries labour investment ratio in their case is quite high Show Answer


Q133) Small scale industries in need relative Lee higher amount of capital than that required by large scale industries Show Answer


Q134) Small entrepreneurs also improve social welfare of a country by increasing dormant, previously overlooked talent Show Answer


Q135) The peculiar attraction of of small scale industries lies in their being scale heavy Show Answer


Q136) Allo import intensity in the capital structure of small scale industries reduces the need of foreign capital Show Answer


Q137) Small scale industries have tremendous capacity to generate or absorb innovations Show Answer


Q138) Finance is not a problem confronting small scale industries Show Answer


Q139) There is hardly any strike and lockout in small scale industries due to to the good employee employer relationship Show Answer


Q140) Small scale and two printers are fully exposed to the latest technology Show Answer


Q141) Infrastructure aspects adversely affect the functioning of small scale units Show Answer


Q142) Most of the small scale units are working above full potentials Show Answer


Q143) Small entrepreneurs often submit unrealistic feasibility reports Show Answer


Q144) Managerial inadequacies pose another serious problem for small scale units Show Answer


Q145) National small industries corporation provides financial facilities to small enterprises Show Answer


Q146) State Bank of India provides machinery, small producers under hire purchase system Show Answer