Tag: subsidies, industrial policy and trade policy

Questions Related to subsidies, industrial policy and trade policy

Since 1951, the number of small scale industries have witnessed _______.

  1. mammoth growth

  2. moderate growth

  3. negative growth

  4. no growth


Correct Option: A

Industrial sector has now become &_________.

  1. broad based & modernized

  2. narrow based & backward

  3. narrow based & modernized

  4. broad based but backward


Correct Option: A

For the development of cottage $7$ small scale industries _______________.

  1. Loans were provided

  2. Some production items were specially reserved

  3. Both a & b

  4. Neither a nor b


Correct Option: C

The number of products reserved for small scale industry till October $2008$ is _________.

  1. $35$

  2. $21$

  3. $81$``

  4. $106$


Correct Option: B

Foreign direct invest helped India in ___________.

  1. exports

  2. imports

  3. import of money from outside

  4. all of the above


Correct Option: D
Explanation:

Foreign direct invest helped India in exports, imports and import of money from outside. FDI stands for Foreign Direct Investment. It is also known as 'cross border investment'. It plays an important role in the global economy. It is a type of investment made by a resident in one economy in a business organisation which belongs to another country.

Which Industrial Policy Paid more attention toward the cottage industries?

  1. Industrial Policy of $1948$

  2. Industrial Policy of $1956$

  3. Industrial Policy of $1977$

  4. Industrial Policy of $1980$


Correct Option: C

Main Hurdle in steady industrial development in India is?

  1. Lack of capital

  2. insufficient basic infrastructure

  3. Limited market

  4. technical backwardness


Correct Option: C

The industrial Policy resolution $1948$ led to __________.

  1. insurance in dissect foreigner investment

  2. increase the foreigner loans

  3. decrease direct foreigner investment

  4. all of the above


Correct Option: B