Indian Economics-Online Practice Exam 8
Indian Economics-Online Practice Exam 8

Indian Economics-Online Practice Exam 8

NET / SET Online Practice Exams

Test

Multi-choice 8

Question

1. The Foreign Exchange Management Bill was introduced by the government of India in Parliament on

Answers

1999

1990

1997

1998

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Question

2. Unfair trade practices are included in

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FERA

FEMA

Anti Laundering Act

MRTP Act

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Question

3. In 1991, industrial licensing is required in

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Alcohol

Cigarettes

Industrial explosives

All of the above

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Question

4. Option of converting part of companies loan into equity is called

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Minimum economic capacities.

Phased manufacturing programme

Mandatory convertibility clause

Industrial location policy

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Question

5. To force the pace of indigenisation in manufacturing, government implemented

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Mandatory convertibility clause

Phased manufacturing programme

Industrial location policy

Minimum economic capacities

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Question

6. In the industrial policy, statement of 1980, asset limit of MRTP firm was

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Rs. 200 crore

Rs. 150 crore

Rs. 100 crore

Rs. 10 crore

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Question

7.In Industrial Policy-1991, which of the industries are reserved for public sector

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Iron & steel

Automobiles

Coal

Railways

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Question

8. Numbers of industries reserved for public sector in 1999 is

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Only 1

2

8

4

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Question

9. In 1999, only  ___ industries remain under the review of industrial lincensing

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7

4

12

9

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Question

10. New Industrial policy was introduced in

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1951

1992

1991

1958

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