Prelims Practice Questions: 1. Which amongst the following statement is incorrect?

(a) There is enactment of Micro, Small and Medium Enterprises Development (MSMED) Act in 2006 (b) Investment limit for the small enterprises has been stepped up to Rs 5 crore and that will reduce the regulatory interface (c) Of late looking at global competition the emphasis of the Government of India is no longer is on the small scale industry (d) Cigars and tobaccos and manufactured tobacco substitutes still need the licensing so that these could be suitably regulated 2. Which amongst the following steps were
taken by the Reserve Bank of India (RBI) looking at the problem of the economic slowdown? 1. Reduction in Repo 2. Reduction in reverse repo 3. Reduction in Cash Reserve Ratio (CRR) Select the correct Code: (a) 3 Only (b) 2 and 3 Only (c) 1 and 3 Only (d) 1, 2 and 3

(d) Its growth before economic recession was higher than the growth world wide but after recession this has come down

5. Which amongst the following statement is incorrect about the Indian Bureau of Mines? (a) It was established in March 1948 (b) It is multi-disciplinary scientific and technical organization under the Ministry of Mines (c) It has its headquarters in New Delhi (d) It has its zonal offices as well as regional offices 7. Which amongst the following has been
closed? (a) National Aluminium Company Limited (NALCO) (b) Hindustan Copper Limited (HCL) (c) Bharat Gold Mines Limited (BGML) (d) Mineral Exploration Corporation Limited (MECL)

3. Which amongst the following country is

largest producer of the bicycles in the world? (a) India (b) China (c) Australia (d) USA

8. Which amongst the following statement is incorrect about NALCO (National Aluminium Company Limited)? (a) It has largest integrated aluminium plant complex in India (b) It was incorporated in January 1971 (c) Its registered office is in Bhubaneswar, Orissa (d) It has been granted Navratna status 9. Which amongst the following statement is incorrect about Bharat Gold Mines Limited (BGML)? (a) It has registered office at Banguluru (b) It was incorporated in April 1972 (c) It comes under the ambit of Ministry of Mines (d) Based on recommendations of Board of Industrial and Financial Reconstruction (BIFR) it was bound up in June 2000

4. Which amongst the following statement

is correct about the growth of the paper industry in India as compared to its growth world-wide? (a) Its growth is higher in India as compared to the average growth world wide (b) Its growth is lower in India as compared to the growth world wide (c) Its growth is nearly same as the average growth world wide

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Prelims Practice Questions: 10. Which amongst the following statement

is incorrect about Bahrat Aluminium Company Limited (BALCO)? (a) It was incorporated in November 1965 (b) Integrated Aluminium Plant was brought at Korba (now in Chhatisgarh) (c) Due to privatization management control is transferred to M/s Sterlite Industries (India) with effect from March 2001 (d) The Company is a major Public Sector Undertaking in India in the field of Aluminium

(d) Integrated Technology Up-gradation and Management Programme

15. State Bank of India has been, of late, given autonomy which resembles like: (a) Maharatna (b) Navratna (c) Miniratna Category I (d) Miniratna Category II 16.
Which amongst the following enterprises are highest in number at present? (a) Maharatna (b) Navratna (c) Miniratna Category I (d) Miniratna Category II

11. What was the main reason for the

decline in the growth of Index of Industrial Production (IIP) in 2008-2009? (a) Economic slowdown (b) Lower agricultural production (c) Poor performance of manufacturing (d) Poor performance in the field of mining

17. Which amongst the following kinds of

Central Public Sector Enterprises stand lowest in matters of the autonomy amongst the following given below? (a) Miniratna Category I (b) Miniratna Category II (c) Other profit making enterprises (d) No clear answer is possible on this issue

12. What has been impact of an end to Multi

Fibre Agreement (MFA) on export of textiles and clothing? (a) It was affected positively (b) There was an adverse impact (c) There was no impact (d) Initially there was an adverse impact but now it is befitting

18. For the purpose of making reference to

BRPSE (Board for Reconstruction of Public Sector Enterprises) a company is considered to be sick when it has accumulated losses in any of financial year equal what percentage or more of its net worth during four years immediately preceding such financial year? (a) 25 per cent (b) 40 per cent (c) 50 per cent (d) 60 per cent

13. Gossypium arboretum herbaceum are the varieties of: (a) Cotton (b) Wheat (c) Rice (d) Maize

and

G.

14. Small Industry Cluster Development

Programme (SICDP) before August 2003 was known as: (a) Small Industries Cluster Development and Technology Enhancement Programme (b) Hybrid Small Industry Development Programme (c) Intensified Small Industry Expansion Programme

19. Who amongst the following forwards the disputes concerning the Public Sector Enterprises to the Arbitrator for the resolution? (a) Secretary, Department of Disinvestment (b) Cabinet Secretary (c) Secretary, Department of Public Enterprises

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Prelims Practice Questions:

(d) Chief Executive Officer of the concerned Public Sector Enterprises

20. Which amongst the following statement

is correct? (a) India is worlds second largest manufacturer of two wheelers and fifth largest manufacturers of commercial vehicles (b) India is worlds fourth largest manufacturer of two wheelers and second largest manufacturers of commercial vehicles (c) India is worlds largest manufacturer of two wheelers and fifth largest manufacturers of commercial vehicles (d) India is worlds second largest manufacturer of two wheelers and second largest manufacturers of commercial vehicles

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Prelims Practice Questions:

Answers:

1. Answer: (c) Of late looking at global

competition the emphasis of the Government of India is no longer is on the small scale industry

17. Answer: (c) Other profit making

enterprises 18. Answer: (c) 50 per cent

2. Answer: (d) 1, 2 and 3 3. Answer: (b) China 4. Answer: (a) Its growth is higher in India
as compared to the average growth world wide

19. Answer: (c) Secretary, Department of Public Enterprises 20. Answer: (a) India is worlds second
largest manufacturer of two wheelers and fifth largest manufacturers of commercial vehicles

5. Answer: (c) It has its headquarters in

New Delhi

7. Answer: (c) Bharat Gold Mines Limited (BGML) 8. Answer: (b) It was incorporated in
January 1971

9. Answer: (a) It has registered office at Banguluru 10. Answer: (d) The Company is a major
Public Sector Undertaking in India in the field of Aluminium

11. Answer: (a) Economic slowdown 12. Answer: (a) It was affected positively 13. Answer: (a) Cotton 14. Answer: (d) Integrated Technology Upgradation and Management Programme 15. Answer: (a) Maharatna 16.
Answer: (c) Miniratna Category

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