Tag: state of industries in india

Questions Related to state of industries in india

As a result of the New Industrial Policy, $1991$:

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

  1. The public sector has been stripped off all its power.

  2. The public sector has been given the commanding heights of the economy.

  3. The public sector's portfolio will be reviewed with greater realism. The focus will be on strategic high tech and essential infrastructure industries.

  4. The public sector's management has been passed over to the private sector.

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Correct Option: C

Industries can be classified based on ___________.

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

  1. Size

  2. End-Use of Output

  3. Both (a) and (b)

  4. Neither (a) nor (b)

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Correct Option: C

All of the following can cause sickness to an industrial unit except ____________.

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

  1. demand recession

  2. uneconomic size

  3. high productivity of labour and capital

  4. financial mismanagement

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Correct Option: C
Explanation:
The causes of industrial sickness are demand recession, uneconomic size, financial mismanagement, labour unrest, working capital shortage, cost escalations, shortage of raw materials, out-dated machinery and equipment and so on. While 'high productivity of labour and capital' will eradicate industrial sickness.

A strategy focusing on development of heavy industry is sometimes preferred for a developing economy because it can ____________.

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

  1. generate employment opportunity on a large scale

  2. provide a strong base for rapid industrialization

  3. contain inflationary pressures

  4. meet the deficits in Balance of Payments in the short run

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Correct Option: B
Explanation:

A strategy for development of heavy industry is sometimes preferred for a developing economy because it can provide a strong base for rapid industrialization.

Based on Size, Industries can be classified into _____________.

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

  1. large, medium and small industries

  2. basic, capital, intermediate and consumer goods industries

  3. public sector and private sector industries

  4. registered and unregistered industries

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Correct Option: A

______ was set up for rehabilitation of sick units.

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

  1. CSO

  2. BIFR

  3. ICICI

  4. NSSO

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Correct Option: B

Which of these is not a cause of industrial sickness?

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

  1. Fraudulent activities

  2. Faulty management

  3. Over strength of employees

  4. Strikes and lockouts

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Correct Option: D

______ is the process by which centre of gravity of the economy shifts from agriculture to industry.

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

  1. Privatization

  2. Industrialization

  3. Divestment

  4. Urbanization

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Correct Option: B

Which of these is an objective of industrial policy?

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

  1. Sustainable growth

  2. Gainful employment

  3. Optimum utilization of resources

  4. All of the above

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Correct Option: D

The industrial production has grown at an annual average rate of ______ during the Planning period.

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

  1. $10$%

  2. $8$%

  3. $3.5$%

  4. $6.2$%

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Correct Option: D