Tag: subsidies, industrial policy and trade policy

Questions Related to subsidies, industrial policy and trade policy

The Union Cabinet in September $2016$ approved MoU between India and which country in the field of Industrial Property Cooperation?

organisation of commerce and management the nature of the indian economy part 2 industrial revolution in india subsidies, industrial policy and trade policy cottage and small scale industries

  1. Qatar

  2. Singapore

  3. Russia

  4. Japan

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Correct Option: B

Small scale industries contributes almost _____ % of the gross industrial value added in the Indian economy.

organisation of commerce and management the nature of the indian economy part 2 industrial revolution in india subsidies, industrial policy and trade policy cottage and small scale industries

  1. 30

  2. 40

  3. 45

  4. 50

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Correct Option: B

As Industrialization grows, the role of capital goods vs-a-vis consumer goods ____________.

organisation of commerce and management the nature of the indian economy part 2 industrial revolution in india subsidies, industrial policy and trade policy cottage and small scale industries

  1. increases

  2. decreases

  3. remains relatively constant

  4. none of the above

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Correct Option: A

Capital employed per worker in industry was ______.

organisation of commerce and management the nature of the indian economy part 2 industrial revolution in india subsidies, industrial policy and trade policy cottage and small scale industries

  1. low

  2. high

  3. medium

  4. none of the above

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Correct Option: A

The market for industrial goods in rural area is ______.

organisation of commerce and management the nature of the indian economy part 2 industrial revolution in india subsidies, industrial policy and trade policy cottage and small scale industries

  1. narrow

  2. moderate

  3. broad

  4. broadest

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Correct Option: A

Higher Industrial output results in _________  income per head. 

organisation of commerce and management the nature of the indian economy part 2 industrial revolution in india subsidies, industrial policy and trade policy cottage and small scale industries

  1. higher

  2. lower

  3. moderate

  4. constant

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Correct Option: A

After independence, there was a high concentration of employment in which industries  _______.

organisation of commerce and management the nature of the indian economy part 2 industrial revolution in india subsidies, industrial policy and trade policy cottage and small scale industries

  1. small & household industries

  2. large industries

  3. medium industries

  4. both (a) & (b) above

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Correct Option: D

Retrogression is a phenomenon in which  ________.

organisation of commerce and management the nature of the indian economy part 2 industrial revolution in india subsidies, industrial policy and trade policy cottage and small scale industries

  1. growth of elite oriented consumption goods is higher than goods which satisfy the need of mass of the people.

  2. growth of elite oriented goods is lesser than the goods which satisfy mass needs

  3. both the above rates are equal

  4. none of the above

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Correct Option: A

Capital goods industries produce _______.

organisation of commerce and management the nature of the indian economy part 2 industrial revolution in india subsidies, industrial policy and trade policy cottage and small scale industries

  1. materials, fertilizers, cement, steel, iron etc.

  2. machinery, machine tools etc.

  3. chemicals, rubber, plastic, coal etc.

  4. man-made fibers, beverages, watches etc.

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Correct Option: B

Indian industry is _______.

organisation of commerce and management the nature of the indian economy part 2 industrial revolution in india subsidies, industrial policy and trade policy cottage and small scale industries

  1. dependent on the vagaries of nature

  2. independent of vagaries of nature

  3. has no relationship with nature

  4. none of the above

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Correct Option: B