Question : Which of the following is the main advantage of the import substitution policy?

Option 1: It may make the indigenous industries more competitive.

Option 2: It will help the consumers by providing them with unlimited choices.

Option 3: It helps the nation achieve self-reliance.

Option 4: It led to optimum allocation of resources.

Question : Which of the following is consistent with the import substitution policy?

Option 1: Capital account convertibility

Option 2: Flexible exchange rate policy

Option 3: Tariffs and quotas

Option 4: Current account convertibility

Question : In an operating system, round-robin scheduling means:

Option 1: A kind of scheduling

Option 2: Repetition policy

Option 3: A memory allocation policy

Option 4: A process allocation policy

Question : Who was/is a successful Indian business tycoon and was the founder of Reliance Industries?

Option 1: Dhirubhai Ambani

Option 2: Anant Ambani

Option 3: Mukesh Ambani

Option 4: Akash Ambani

Question : Which of the following classification bases of industry applies to the products - cotton, jute, wool, silk textile, rubber, tea, sugar, coffee, and edible oil?

Option 1: Key industries

Option 2: Consumer industries

Option 3: Agro-based industries

Option 4: Mineral-based industries

Question : Which of the following series is true about energy flow in an ecosystem?

Option 1: Producers→ Decomposers→ Consumers

Option 2: Decomposers→ Consumers → Producers

Option 3: Producers→ Consumers→ Decomposers

Option 4: Consumers→ Producers→ Decomposers