Economics Questions and Answers for Competitive Exams - 3

Question: 11

India's oldest iron and steel industry is

(A) TISCO at Jamshedpur

(B) TISCO at Burnpur

(C) Rourkela Iron and Steel Plant

(D) Durgapur Iron and Steel Plant

Ans: A

TISCO at Jamshedpur

Question: 12

The Industrial Policy statement of 1973 gave many concessions to the

(A) Public Sector Units

(B) Private Sector Units and Multinationals

(C) Small scale industries

(D) Joint Sector Units

Ans: D

Joint Sector Units

Question: 13

The Industries Development and Regulation Act was passed in the year

(A) 1948

(B) 1950

(C) 1952

(D) 1954

Ans: D

1954

Question: 14

Which of the following is at the apex of Industrial Finance in India?

(A) Industrial Credit and Investment Corporation of India

(B) Industrial Development Bank of India

(C) Reserve Bank of India

(D) Industrial Finance Corporation

Ans: B

Industrial Development Bank of India

Question: 15

Which year is known as 'Year of the Great Divide' with regard to population growth of India?

(A) 1921

(B) 1935

(C) 1947

(D) 1951

Ans: B

1935

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