Industries - MCQs with answers - Part 2

Industries - MCQs with answers - Part 2


1. Consider the following statements and identify the right ones.

i. Mini Ratnas cant enter into joint ventures
ii. They can set subsidiary companies

a. i only
b. ii only
c. both
d. none

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ANSWER: b. ii only

Mini Ratnas can enter into joint ventures under certain conditions.



2. Which of the following is a category I mini-Ratna?

a. Airports Authority of India
b. MMTC Limited
c. Indian Railway Catering and Tourism Corporation Limited
d. All the above

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ANSWER: d. All the above

More than 60 enterprises are given the status of mini-ratna. There are further 2 categories under it.



3. Which of the following is a criterion for maharatna status?

a. 3 years with annual profit of 2500 crore
b. Turnover of 20000 crore
c. Net worth of 10000 crore
d. All the above

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ANSWER: d. All the above

There are currently (2014) 7 maharatnas, 14 navratnas, 53 mini ratnas-I and 16 mini ratnas-ii.



4. Which of the following is a criteria for miniratna category I?

i. Profits in the last 3 years continuously
ii. Net profit of minimum 30 crore rupees in one of the years

a. i only
b. ii only
c. i or ii
d. i and ii

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ANSWER: c. I or ii

More than 60 enterprises are given the status of mini-ratna. There are further 2 categories under it.



5. Which of the following is not a mini-ratna category II?

a. HMT(International) Limited
b. India Trade Promotion Organisation
c. Bharat Pumps and Compressors Limited
d. None of the above

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ANSWER: d. None of the above

More than 60 enterprises are given the status of mini-ratna. There are further 2 categories under it.



6. Consider the following statements and identify the right ones.

i. The new manufacturing policy aims to create 100 million jobs and increase share of manufacturing sector in the GDP
ii. A special purpose vehicle is created to develop infrastructure on PPP mode

a. I only
b. ii only
c. both
d. none

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ANSWER: c. both

This NMP was cleared in the central cabinet in 2011.



7. Consider the following statements and identify the right ones.

i. The NIMZ will have at least 5000 hectares each
ii. They are autonomous self-governing townships developed in partnership with PPP mode

a. i only
b. ii only
c. both
d. none

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ANSWER: c. both

National investing and manufacturing zones are the creation of new manufacturing policy of 2011.


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