Indian Economics-Online Practice Exam 6
Indian Economics-Online Practice Exam 6

Indian Economics-Online Practice Exam 6

NET / SET Online Practice Exams

Test

Multi-choice 6

Question

1. Which facility was provided to manufacturers to change their product-mix rapidly to match changes in demand patterns without incurring procedural delays ?

Answers

Mandatory convertibility.

Phased manufacturing

Re-endorsement of capacity

Broad banding

Feedback

Question

2. With a view to improve capacity utilisation in industries, government implemented a scheme of

Answers

Phased manufacturing

Mandatory convertibility

 Broad banding of company

Re-endorsement of capacity

Feedback

Question

3. Industrial Reconstruction Corporation of India (IRCI) is a

Answers

Non-corporate entity

Company

Non-statutory corporation

Statutory corporation

Feedback

Question

4. Dominant undertakings’ covered those which controlled at least ____ of production or market of a product

Answers

Feedback

Question

5. MRTP Act covers

Answers

National monopolies

Product monopolies

Both of the above

None of the above

Feedback

Question

6. Practice which tends to obstruct the flow of capital into streams of production is

Answers

Restrictive trade practice

Unfair trade practice 

Monopolistic trade practice

None of the above

Feedback

Question

7. Mounting prices at an unreasonable level is a

Answers

Unfair trade practice

Monopolistic trade practice

Restrictive trade practice

None of the above

Feedback

Question

8. Supply of sub-standard goods is a

Answers

Unfair trade practice

Restrictive trade practice

Monopolistic trade practice

None of the above

Feedback

Question

9. Sick units are referred to

Answers

BIFR

SIA

FIPB

DGTD

Feedback

Question

10. Entrepreneurs are required to submit an Industrial Entrepreneur Memorandum (IEM) to

Answers

SIA

FIPB

RBI

DGTD

Feedback

Prepared by www.myeconomics.info

"There is no joy in possession without sharing". Share this page.

Loading

Leave a Reply

Your email address will not be published. Required fields are marked *