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Industries & Foreign Trade - Indian Economy GK Objective Questions and Answers | Page-5

(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

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

Comment

Answer: Option [B]

The correct answer is the British assisted in the building of the Bokaro Steel plant.

(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

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

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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