Industries and Foreign Trade - Economics General Awareness Objective Questions with Answers

Questions

41 The following is the list of four integrated steel plants in the country ?

I. Bhilai

II. Rourkela

III. IISCO

IV. Bokaro

Which of the following combinations lists all the plants in the public sector ?

A I, II and IV

B I, III and IV

C II, III and IV

D All of the above

View Answer Comment

Answer: Option [D]
The correct answer is Bhilai, Rourkela, IISCO and Bokaro.

42 Which of the statements given above is/are correct ?

I. The USSR assisted in the building of the Bhilai Steel plant

II. The British assisted in the building of the Bokaro Steel plant

A I only

B II only

C Both I and II

D Neither I nor II

View Answer Comment

Answer: Option [B]
The correct answer is the British assisted in the building of the Bokaro Steel plant.

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43 The core sector includes

I. Coal

II. Power

III. Petroleum

IV. Soaps and Detergent

A I and II only

B I, II and III only

C I and IV only

D II and III only

View Answer Comment

Answer: Option [B]
The correct answer is Coal, Power, Petroleum, Soaps and Detergent. The eight core industries included are- Coal, Crude oil, Natural Gas, Petroleum refinery products, Fertilizer, Cement, Steel, and Electricity generation.

44 Both Foreign Direct Investment (FDI) AND Foreign Institutional Investor (FII) are related to investment in a country. Which one of the following statements best represents an important difference between the two ?

A FII is considered to be more stable than FDI

B FDI flows only into the secondary market, while FII targets primary market

C FII helps bring better management skills and technology, while FDI only brings in capital

D FII helps in increasing capital availability in general, while FDI only targets specific sectors

View Answer Comment

Answer: Option [D]
The correct answer is FII helps in increasing capital availability in general, while FDI only targets specific sectors.

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