Tag: state of industries in india

Questions Related to state of industries in india

Under the New Industrial Policy 1991, the system of phased manufacturing programme approved on case to case basis -

geography state of industries in india meaning and classification of industries industrialisation and urbanisation urbanisation

  1. Approved on case to case basis will not be applicable to new projects

  2. Will be applicable to new projects

  3. Will be applicable to new projects costing more than Rs 10 Crores

  4. None of the above

Show answer
Correct Option: A

Under the New Industrial Policy 1991, the Mandatory Convertibility Clause -

geography state of industries in india meaning and classification of industries industrialisation and urbanisation urbanisation

  1. Is applicable for all term loans

  2. Is applicable for term loans of more than 10 years

  3. Is applicable for term loans of less than 10 years

  4. Is no longer applicable

Show answer
Correct Option: D

Which of the following statement is correct?

geography state of industries in india meaning and classification of industries industrialisation and urbanisation urbanisation

  1. Excise duty is levied on sales Volume.

  2. Custom duties have been drastically cut down since 1991

  3. VAT has been adopted by Two-Three states in India

  4. Agriculture contributes the maximum to the direct tax revenues in India.

Show answer
Correct Option: B

One major proposal of new industrial policy (1991) was ..

geography state of industries in india meaning and classification of industries industrialisation and urbanisation urbanisation

  1. Impose restriction on technical know-how for one year

  2. All types of industries have been made licensed

  3. NRI's will not be allowed for capital investment in India

  4. Facility of direct foreign investment up to 51% High priority industries

Show answer
Correct Option: D

The industrial sector depends on the agricultural sector because _________.

geography state of industries in india meaning and classification of industries industrialisation and urbanisation urbanisation

  1. the agriculture sector provides food and other products for the consumption purposes of industrial sector.

  2. the agriculture sector provides raw materials for the development of a agro-based industries of the economy.

  3. the agricultural sector provides market for the industrial products.

  4. all of the above

Show answer
Correct Option: D
Explanation:

The industrial sector depends on the agricultural sector because agriculture sector provides food and other products for the consumption purposes of industrial sector as well as provides raw materials for the development of agro-based industries of the economy and provides market for industrial products.

Which of the following does not relate to the New Industrial Policy, 1991?

geography state of industries in india meaning and classification of industries industrialisation and urbanisation urbanisation

  1. Abolition of Industrial Licensing

  2. Encouragement for Foreign Direct Investment

  3. Reservation of all industries for Public Sector

  4. Procedural Simplifications

Show answer
Correct Option: C

Which of the following statements is correct with regards to the industrial sector in India?

geography state of industries in india meaning and classification of industries industrialisation and urbanisation urbanisation

  1. A large number of industries face under utilization of production capacity.

  2. The incremental capital-output ratio has been falling over the planning period.

  3. In terms of regions, industrial development is quite balanced.

  4. None of the above

Show answer
Correct Option: A
Explanation:

The correct statement is that a large number of industries face under utilization of production capacity. Others are incorrect because the incremental capital-output ratio has been increasing over the planning period and region-wise industrial development is quite imbalanced.

Abolition of Licensing and Encouragement of Private Sector Participation are both parts of -

geography state of industries in india meaning and classification of industries industrialisation and urbanisation urbanisation

  1. Industrial Reforms in India

  2. External Sector Reforms in India

  3. Land Reforms in India

  4. Banking Reforms in India

Show answer
Correct Option: A

Abolition of Intermediaries and Tenancy Reforms are both parts of -

geography state of industries in india meaning and classification of industries industrialisation and urbanisation urbanisation

  1. Industrial Reforms in India

  2. External Sector Reforms in India

  3. Land Reforms in India

  4. Banking Reforms in India

Show answer
Correct Option: C

Under the New Industrial Policy 1991, several aspects were abolished. Which of the following were not abolished under that Policy?

geography state of industries in india meaning and classification of industries industrialisation and urbanisation urbanisation

  1. Licenses Registration

  2. DGTD Registration

  3. Foreign Direct Investment

  4. All of the above

Show answer
Correct Option: C