Make in India - GS questions based on daily current affairs

1)   Which of the following are among the 4Ds mentioned by the PM during the Make in India Week in Mumbai?

1) Democracy
2) Demography
3) Demand
4) Disinvestment


a. 1, 2 and 3
b. 1 and 3
c. 1, 3, 4
d. All of the above
Answer  Explanation 

ANSWER: 1, 2 and 3

Explanation:

  • Showcasing India as a land of immense opportunities, Prime Minister Narendra Modi told representatives from 68 countries participating in the Make in India Week that India was blessed with Democracy, Demography, and Demand and his government had added Deregulation making it a four-dimensional India waiting for foreign investment and manufacturing companies.
  • India was committed to harnessing its growth potential in a cleaner and greener way.


2)   Which French company will make 800 high horse power locomotives in India?

a. Rafale
b. Alstom
c. CNES
d. None of the above
Answer  Explanation 

ANSWER: Alstom

Explanation:
Under the ‘Make in India’ banner, India and France signed a deal that will allow French industrial major Alstom to make 800 high horse power locomotives in India. The locomotives are expected to be made in the electric locomotives factory in Madhepura, Bihar.


3)   India will manfacture Kamov 226 helicopter under 'Make In India' program jointly with -

a. France
b. Russia
c. United States
d. Israel
Answer  Explanation 

ANSWER: Russia

Explanation:
- India and Russia to jointly manufacture Kamov 226 helicopter under 'Make In India'
- State owned HAL is believed to have piped a proposal by the Anil Ambani owned Reliance Defence as the main partner for the contract that is expected to cost over $ 1 billion.
- The State Corporation Rostec will organize in India the production of the Russian Ka-226T and its modifications in the amount of not less than 200 units.
- The agreement also provides for the maintenance, operation and repair of helicopters and providing them with technical support.


4)   Which of the following statements is/are correct?

1. India Aspiration Fund (IAF) would invest in venture capital funds with initial corpus of Rs. 2,000 crore.
2. SIDBI Make in India Loan for Enterprises (SMILE) is a debt-fund with Initial corpus of Rs. 10, 000 crore


a. Only 1
b. Only 2
c. Both
d. None
Answer  Explanation 

ANSWER: Both

Explanation:
SIDBI under the first fund India Aspiration Fund (IAF) would invest in venture capital funds for meeting the equity requirement of MSME start-ups and for this the initial corpus of Rs. 2,000 crore has been set. Life Insurance Corp. of India (LIC) will be a partner and co-investor in this fund. Under second fund the SIDBI Make in India Loan for Enterprises (SMILE) is a debt-fund which will carter soft term loans to MSMEs to meet debt-to-equity norms and pursue growth opportunities, SIDBI has set Initial corpus of Rs. 10, 000 crore under SMILE fund.


5)   Foxconn signed MOU with Government Of Maharashtra to set up electronic manufacturing plant in Maharashtra with the investment of $5 billion within the 5-year period. Foxconn is a -

a. Chinese company
b. Taiwanese company
c. South Korean company
d. Japanese company
Answer  Explanation 

ANSWER: Taiwanese company

Explanation:
Foxconn Technology — the world's largest contract manufacturer of smart phones will invest in India in manufacturing, energy and e-commerce sectors under Make in India program.


6)   Which programme / programmes is / are envisaged to make India a manufacturing hub of the world?

1. Skill India
2. Make in India
3. Made in India


a. Only 2
b. Only 3
c. 1 and 2
d. 1 and 3
Answer  Explanation 

ANSWER: 1 and 2

Explanation:
No explanation is available for this question!