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Indian Industries & Foreign Trade - General Knowledge Multiple Choice Questions with Answers | GK

Questions
1 In India, maximum number of workers are employed in:
A textile industry
B automobile industry
C iron and steel industry
D tea industry

Answer: Option [A]

The correct answer is textile industry. The textile industry occupies unique position in the Indian economy, because it contributes significantly to industrial production (14 per cent), employment generation (35 million persons directly – the second largest after agriculture) and foreign exchange earnings (about 24.6 per cent).

2 India’s oldest iron and steel plant is
A TISCO at Burnpur
B Durgapur Iron and Steel Plant
C TISCO at Jamshedpur
D None of the above

Answer: Option [C]

India’s oldest iron and steel plant is TISCO at Jamshedpur. Tata Iron and Steel Company (TISCO) is one of the largest manufacturing plants in Asia. It is situated in Jamshedpur. It is the oldest steel plant of India. It was established by Jamshedji Tata in 1907.

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3 Which of the following industries was started first in India ?
A Jute
B Tea
C Cotton
D Textile

Answer: Option [B]

The correct answer is Tea.

4 In which of the following industries is the maximum number of woman employed in India ?
A Jute
B Textile
C Coal
D Tea

Answer: Option [D]

The correct answer is Tea.

5 Which of the following agencies has the power to declare any industrial unit as a potentially sick unit ?
A IRBI
B MRTPC
C BIFR
D All of the above

Answer: Option [C]

The correct answer is BIFR. The Board for Industrial and Financial Reconstruction was an agency of the Government of India, part of the Department of Financial Services of the Ministry of Finance. The BIFR would provide a forum for sharing views, coordinating effort and developing a unified approach to dealing with sick companies, speeding up the start of corrective action. The BIFR was meant to either turn companies around within six months or order closure.

6 Bokaro Steel Limited was established with the assistance of :
A China
B USA
C Germany
D Soviet Union

Answer: Option [D]

Bokaro Steel Limited was established with the assistance of Soviet Union. Bokaro Steel Plant (BSP) is located in the Bokaro district of Jharkhand. . It is the fourth integrated public sector steel plant in India built with Soviet help. It was incorporated as a limited company in 1964. It was later merged with the state-owned Steel Authority of India Limited (SAIL).

7 The biggest Public Sector undertaking in the country is .......
A Railways
B Iron and Steel plants
C Airways
D None of the above

Answer: Option [A]

The biggest Public Sector undertaking in the country is Railways. Indian railway is the largest in the Asia an 3rd largest in the world, it is the biggest employer and largest undertaking in the country

8 Which of the following was formed to suggest means for eradicating black money ?
A Sarkaria Commission
B Chelliah Committee
C Finance Commission
D None of the above

Answer: Option [B]

The correct answer is Chelliah Committee. After a series of ongoing demonstrations and protests across India, the government appointed a high-level committee headed by MC Joshi (the then CBDT Chairman) in June 2011 to study the generation and curbing of black money. The committee finalised its draft report on 30 January 2012.

9 After textiles, India’s second important industry is:
A Jute
B Iron and steel
C Coal
D Tea

Answer: Option [B]

After textiles, India’s second important industry is Iron and steel. After textile, India,s the second most important industry is Iron and steel. In India, iron and steel industry witnessed rapid growth after independence during second five-year plan in the year 1956-61. Iron and steel industry is the key to modern industrial development.

10 Which industry in India was worst affected because of the partition ?
A Jute and Cement
B Cotton and sugar
C Paper and Iron
D Jute and Cotton

Answer: Option [D]

The correct answer is Jute and Cotton. This situation led to a crisis in the jute textile industry and it was further worsened. The partition of the country in 1947 affected the jute industry very negatively and it led to a decline in the jute industry of India.

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