Industrial growth in India is important mainly because it
A Reduces population growth
B Generates employment and income
C Eliminates agriculture
D Reduces exports
Industry absorbs surplus labour and raises national income.
The industrial sector includes
A Only manufacturing
B Mining, manufacturing, and construction
C Agriculture and mining
D Trade and transport
Industry covers secondary activities including mining and construction.
Which phase marked planned industrial development in India?
A Pre-independence period
B Post-1991 reforms
C Post-independence Five-Year Plans
D Colonial trade period
Planned industrialization began after independence.
Heavy industries mainly produce
A Consumer goods
B Capital goods
C Agricultural goods
D Services
Heavy industries supply machinery and equipment.
Cottage and small-scale industries are important because they
A Use capital-intensive techniques
B Generate employment with low capital
C Reduce exports
D Increase imports
They are labour-intensive and employment-generating.
Which industry forms the backbone of industrial development?
A Textile industry
B Iron and steel industry
C Food processing industry
D Cement industry
Iron and steel supply inputs to many industries.
The public sector in India was expanded mainly to
A Maximize profits
B Promote balanced regional development
C Eliminate private sector
D Increase imports
Public sector investment aimed at social objectives.
Public sector enterprises are owned and managed by
A Private individuals
B Foreign companies
C Government
D Cooperative societies
Ownership lies with the government.
Which sector focuses more on profit motive?
A Public sector
B Private sector
C Cooperative sector
D Joint sector
Private enterprises aim at profit maximization.
The private sector contributes to the economy by
A Reducing efficiency
B Promoting innovation and competition
C Ignoring consumer needs
D Eliminating public welfare
Competition improves efficiency and innovation.
Disinvestment policy refers to
A Nationalization of industries
B Transfer of ownership to government
C Sale of government stake in PSUs
D Closure of industries
Disinvestment reduces government ownership.
The objective of disinvestment is to
A Increase fiscal burden
B Improve efficiency of PSUs
C Reduce private participation
D Increase subsidies
Private participation improves management and efficiency.
Industrial policy of 1956 emphasized
A Laissez-faire system
B Dominance of private sector
C Expansion of public sector
D Complete privatization
Public sector was assigned a commanding role.
Which industry was reserved exclusively for public sector under 1956 policy?
A Textiles
B Iron and steel
C Consumer goods
D IT services
Core and strategic industries were under public sector.
Industrial policy of 1991 aimed at
A Increasing controls
B Liberalization and deregulation
C Expanding licensing
D Nationalization
It reduced government controls and promoted competition.
A key feature of 1991 industrial policy was
A Industrial licensing expansion
B Delicensing of industries
C Price controls
D Import substitution
Most industries were freed from licensing.
Liberalization helped Indian industry by
A Increasing inefficiency
B Reducing competition
C Improving productivity
D Increasing state control
Exposure to competition improved efficiency.
Privatization implies
A Government control
B Expansion of public sector
C Transfer of ownership to private sector
D Trade liberalization
Privatization reduces state ownership.
Globalization connects Indian industry with
A Domestic markets only
B Local markets
C World markets
D Regional markets only
Globalization integrates economies globally.
MSMEs are important because they
A Are capital-intensive
B Generate employment and exports
C Eliminate large industries
D Reduce innovation
MSMEs contribute significantly to jobs and exports.
MSME stands for
A Medium Scale Manufacturing Enterprises
B Micro, Small and Medium Enterprises
C Multi-State Manufacturing Enterprises
D Market-Supported Manufacturing Enterprises
MSMEs include micro, small, and medium units.
Which sector faces major credit constraints?
A Large industries
B Public sector enterprises
C MSMEs
D Multinational companies
MSMEs often lack access to formal finance.
Make in India initiative aims to
A Promote imports
B Reduce manufacturing
C Encourage domestic manufacturing
D Eliminate foreign investment
It boosts manufacturing and job creation.
Make in India was launched in
A 2008
B 2010
C 2014
D 2016
It was launched in 2014 to promote manufacturing.
Which sector is targeted under Make in India?
A Only agriculture
B Only services
C Manufacturing sector
D Mining only
Manufacturing is central to Make in India.
MSMEs help in balanced regional development because they
A Concentrate in metros
B Can be set up in rural and semi-urban areas
C Require huge capital
D Use advanced technology only
Small units spread industrialization.
A major problem faced by MSMEs is
A Excess capital
B Technological obsolescence
C Surplus skilled labour
D Easy credit
Lack of modern technology affects competitiveness.
Industrial growth contributes to economic development by
A Increasing disguised unemployment
B Reducing productivity
C Raising income and employment
D Increasing dependency ratio
Industrialization raises output and jobs.
Which policy reduced industrial licensing in India?
A Industrial Policy 1956
B New Economic Policy 1991
C Trade Policy 2004
D Export-Import Policy 1985
1991 reforms dismantled licensing regime.
The role of public sector declined after 1991 mainly due to
A Nationalization
B Fiscal constraints and inefficiency
C Population pressure
D Lack of labour
Fiscal burden and inefficiency led to reforms.
Which industry is labour-intensive in nature?
A Steel
B Textiles
C Petrochemicals
D Power
Textiles employ large workforce.
Industrial corridors aim at
A Reducing trade
B Promoting regional industrial development
C Limiting private sector
D Increasing subsidies
Corridors improve infrastructure and connectivity.
Public sector is preferred in infrastructure because
A Profit motive is high
B Long gestation period discourages private sector
C Technology is simple
D Labour is surplus
Infrastructure needs heavy long-term investment.
Which institution supports MSMEs financially?
A RBI only
B SIDBI
C SEBI
D IRDA
SIDBI provides credit and support to MSMEs.
The objective of industrial diversification is to
A Depend on one industry
B Reduce risk and increase stability
C Reduce employment
D Increase imports
Diversification spreads risk and stabilizes growth.
Industrial sickness refers to
A Growth of industries
B Decline in industrial profits
C Financial weakness of firms
D Expansion of MSMEs
Sick units suffer persistent losses.
Which factor improved ease of doing business in India?
A More licensing
B Digital governance
C Higher taxes
D Trade barriers
Digital reforms simplified procedures.
Which reform encouraged foreign firms to invest in Indian industry?
A Import substitution
B FDI liberalization
C Price controls
D Licensing
Liberal FDI norms attracted investment.
Which industry has shown rapid growth after reforms?
A Handloom
B Heavy engineering
C Automobile
D Mining
Automobile sector expanded with FDI and demand.
MSMEs contribute to exports by
A Producing luxury goods
B Supplying intermediate goods
C Increasing imports
D Reducing foreign exchange
MSMEs supply components and finished goods.
Industrial policy after 1991 emphasizes
A Control and regulation
B Competition and efficiency
C Nationalization
D Import substitution
Market-oriented reforms encourage efficiency.
Which challenge limits industrial growth in India?
A Capital surplus
B Infrastructure bottlenecks
C Excess savings
D Low labour supply
Power, transport, and logistics gaps hinder growth.
Public-private partnership (PPP) aims to
A Reduce private role
B Combine strengths of both sectors
C Increase government monopoly
D Eliminate risk
PPP leverages efficiency and resources.
Which policy encourages domestic value addition?
A Import substitution
B Make in India
C Demonetization
D Fiscal deficit
Make in India promotes local manufacturing.
MSMEs face marketing problems mainly due to
A High demand
B Lack of brand recognition
C Excess capital
D Strong competition only
Small units struggle with branding and outreach.
Which sector dominates employment within industry?
A Large-scale industries
B MSMEs
C PSUs
D Multinationals
MSMEs employ more people than large firms.
Industrial growth helps agriculture by
A Increasing monsoon dependence
B Supplying fertilizers and machinery
C Reducing credit
D Reducing irrigation
Industry provides critical farm inputs.
Which reform reduced entry barriers for industries?
A Industrial licensing
B Delicensing
C Nationalization
D Price control
Delicensing allowed free entry.
Which factor attracts FDI into manufacturing?
A Trade barriers
B Large domestic market
C Political instability
D High tariffs
Market size is a key attraction.
The long-term goal of industrial development in India is
A Import dependence
B Inclusive and sustainable growth
C Elimination of services
D Capital concentration
Industrialization should support inclusive development. ; mark question from 1 to 50