Industrial Engineering
Question : Directions: Select the combination of letters that when sequentially placed in the blanks of the given series will complete the series. jtm_r_ jt_prs_tmpr_ j_mprs
Option 1: psmjst
Option 2: pssjst
Option 3: psmjts
Option 4: pmsjst
Correct Answer: psmjst
Solution : Given: jtm_r_ jt_prs_tmpr_ j_mprs
To fill the series we have to divide the series – jtm_r_ / jt_prs / _tmpr_ / j_mprs
Let's check each option – First option: psmjst; jtmprs / jtmprs / jtmprs / jt
Question : Assertion: The Industrial Policy Resolution of 1956 aimed to create a socialist pattern of society in India.
Reason: The resolution emphasized the promotion of public-sector industries and reduced private-sector dominance.
Option 1: Both the assertion and reason are true, and the reason is the correct explanation of the assertion.
Option 2: Both the assertion and reason are true, but the reason is not the correct explanation of the assertion.
Option 3: The assertion is true, but the reason is false.
Option 4: The assertion is false, but the reason is true.
Correct Answer: Both the assertion and reason are true, and the reason is the correct explanation of the assertion.
Solution : The correct answer is (a) Both the assertion and reason are true, and the reason is the correct explanation of the assertion.
The assertion is true. The Industrial Policy
Question : Which of the following is not an example of a major industrial region of India?
Option 1: Gujarat region
Option 2: Hooghly region
Option 3: Chota Nagpur region
Option 4: Northern Malabar region
Correct Answer: Northern Malabar region
Solution : The correct answer is the Northern Malabar region.
The Mumbai-Pune cluster, the Bangalore-Tamil Nadu area, the Hugli region, the Gujarat region, the Chota Nagpur industrial belt, the Visakhapatnam-Guntur belt, the Gurgaon-Delhi-Meerut region, and the Kollam-Thiruvananthapuram industrial cluster are a few of India's industrial
Question : What is a common form of resistance against globalization in India?
Option 1: Embracing Western cultural practices
Option 2: Promoting export-oriented industries
Option 3: Protests against land acquisition for industrial projects
Option 4: Advocating for complete economic isolation
Correct Answer: Protests against land acquisition for industrial projects
Solution : A common form of resistance against globalization in India is protests against land acquisition for industrial projects, which are often seen as a threat to local livelihoods and environments.
Question : What type of products ,does CACP recommend minimum support price for?
Option 1: industrial products
Option 2: Agricultural products
Option 3: pharmaceutical products
Option 4: None of the above
Correct Answer: Agricultural products
Solution : The correct option is Agricultural products.
The Commission for Agricultural Costs and Prices (CACP) operates as an independent entity within India's Ministry of Agriculture and Farmers Welfare, tasked with the crucial role of proposing minimum support prices (MSPs) for a range of vital agricultural
Question : Which five-year plan emphasised the development of industries and industrial base in India?
Option 1: Second
Option 2: Fourth
Option 3: Third
Option 4: First
Correct Answer: Second
Solution : The correct option is Second.
The second five-year plan (1956–1961) in India emphasised the development of industries, and the industrial base in the country. This plan aimed to promote industrialisation, and economic growth by focusing on sectors like heavy industries, infrastructure development, and scientific
Question : Which of the following policy measures is not a step towards liberalisation?
Option 1: Increase in equity limit of foreign investment
Option 2: Enhancement in tariffs
Option 3: Removal of industrial licensing for certain industries
Option 4: Removal of the requirement of registration for certain industries
Correct Answer: Enhancement in tariffs
Solution : The correct option is Enhancement in tariffs.
Enhancement in tariffs is generally not a step towards liberalisation; in fact, it is a measure that moves away from liberalisation. Liberalisation typically involves reducing or eliminating trade barriers, including tariffs. Tariffs are taxes imposed
Question : The 'License Raj' in India refers to:
Option 1: The system of obtaining licenses for industrial activities
Option 2: The system of licensing journalists
Option 3: The system of licensing foreign tourists
Option 4: The system of obtaining licenses for agricultural activities
Correct Answer: The system of obtaining licenses for industrial activities
Solution : The correct answer is (a) The system of obtaining licenses for industrial activities
The 'License Raj' in India refers to the system of obtaining licenses for industrial activities. During the period of economic regulation and control in India,
Question : How many national laboratories does the Council of Scientific & Industrial Research (CSIR) have in India?
Option 1: 37
Option 2: 47
Option 3: 27
Option 4: 17
Correct Answer: 37
Solution : The correct answer is 37.
The Council of Scientific and Industrial Research (CSIR), recognised for its advanced research and development expertise across various science and technology domains, is a modern R&D institution. CSIR operates an active network comprising 37 national laboratories, 39 outreach centres, 1
Question : ___________ is a financial institution that specializes in providing loans for purchasing homes.
Option 1: Housing Development Finance Corporation (HDFC)
Option 2: Industrial Development Bank of India (IDBI)
Option 3: Small Industries Development Bank of India (SIDBI)
Option 4: Export-Import Bank of India (EXIM Bank)
Correct Answer: Housing Development Finance Corporation (HDFC)
Solution : The correct answer is (a) Housing Development Finance Corporation (HDFC)
Housing Development Finance Corporation (HDFC) is a financial institution that specializes in providing loans for purchasing homes in India. It is one of the largest housing finance companies in India and
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