Industrial Sector (Part – V)

Total Questions: 32

11. Which pairs are correctly matched? [I.A.S (Pre) 2005]

EnterprisesIndustrial Groups
1. VSNL1. Bharati
2. Mundra Sez2. Adani
3. CMC Ltd.3. Tata
4. IPCL4. Reliance

Select the correct answer:

 

Correct Answer: (d) 2, 3 and 4
Solution:VSNL (Now Tata Communications Ltd.) is not related to Bharti group. VSNL (Videsh Sanchar Nigam Ltd.) was previously under the ownership of Department of Telecommunications, Government of India. It was acquired by the Tata group and renamed as Tata Communications in February, 2008. All other pairs are correctly matched.

12. Which among the following multinational companies are functioning in India? [U.P.R.O./A.R.O. (Pre) 2014]

1. Hindustan Unilever Limited

2. Samsung Corporation

3. Guest Keen and Williams Limited

4. L.G.

Select the correct answer from the codes given below:

Codes:

Correct Answer: (b) 2 and 4 only
Solution:Samsung Corporation and L.G. both are multinational companies and functioning in India. While Hindustan Unilever is an Indian consumer goods producer, whose head- quarter is in Mumbai. It is an Indian subsidiary company of British-Dutch multinational company Unilever. It is not a multinational company in itself.

Guest Keen Williams Limited is an engineering company. The company is currently engaged in industrial warehousing at Howrah, West Bengal and in investment and treasury operation on an all India basis. It is also not a multinational company.

13. Consider the following pairs: [I.A.S (Pre) 2009]

 

Automobile manufacturerHeadquarters
1. BMWAGUSA
2. Daimler AGSweden
3. RenaultFrance
4. Volkswagen AGGermany

Which of the pairs given above is/are correctly matched?

Correct Answer: (b) 3 and 4
Solution:The correct matching of given pairs are as following:
Automobile manufacturerHeadquarters
1. BMWAGMunich (Germany)
2. Daimler AGKoventary, West Midland [Britain (UK)]
3. RenaultFrance
4. Volkswagen AGGermany

14. The All India Khadi and Village Industries Board was set up during the : [R.A.S./R.T.S.(Pre) 1994]

Correct Answer: (a) 1st Plan
Solution:The ideas for promoting the rural cottage industries were elaborated in the First Five Year Plan (1951-56), which laid down the policy framework for setting up of a body for Khadi and Village Industries.

In accordance with this, Government of India set up All India Khadi and Village Industries Board (AIKVIB) in January, 1953. The Khadi and Village Industries Commission (KVIC) was created as a statutory body under the KVIC Act, 1956, which took over the work of former AIKVIB in April, 1957.

15. The head office of Khadi and Village Industries Commission (KVIC) is located at: [U.P.P.S.C. (R,I.) 2014]

Correct Answer: (c) Mumbai
Solution:The Head Office of Khadi and Village Industries Commission (KVIC) is located at Mumbai. It is a statutory commission under Government of India. It works under Ministry of Micro, Small and Medium Enterprises.

The functions of the KVIC are as follows:

  • To build a strategic reserve of raw materials and implements for supply to producers.
  • To create common service facilities for processing raw materials as semi-finished goods and provisions for facilities for marketing KVI products.
    To enhance the sale and marketing of Khadi and other products of village industries or handicrafts.
  • To be responsible for encouraging and promoting research in the production techniques and equipment employed in the Khadi and Village Industries sectors.
  • To provide financial assistance to institutions and individuals for developing and guiding the Khadi and Village industries through the supply of designs, prototypes, and other technical information.
  • To assure the genuineness of the products and to set standards for the quality of products from Khadi and Village Industries.

16. Which one of the following pairs is not correctly matched? [U.P.U.D.A./L.D.A. (Spl.) (Pre) 2010]

List - IList - II
(a) Goswami CommitteeProblem of Industrial Sickness
(b) Janki Raman CommitteeInvestigation of Share Scam
(c) Malhotra CommitteeReforms in Insurance Sector
(d) Tarapore CommitteeCustomer Service in Banks
Correct Answer: (d)
Solution:Tarapore Committee was constituted by the Reserve Bank of India for suggesting a roadmap on full convertibility of rupee on Capital Account. The rest are correctly matched.

The Goswami Committee on Industrial Sickness and Corporate Restructuring was a committee formed to examine and recommend solutions to the problem of industrial sickness in India. It was chaired by Dr. Omkar Goswami and submitted its report in July 1993.

The Janakiraman Committee was set up in 1992 shortly after the Goiporia committee in 1990. This committee was set up to investigate the number of market irregularities that had cropped up and were severely harming the banking system in the country.

The Malhotra Committee recommended introduction of a concept of professionalisation in the insurance sector to make out a strong case for paving the way for foreign capital. In its report submitted in 1994, the committee recommended, among other things, that: Private players be included in the insurance sector.

17. Meera Seth committee was related to: [U.P.P.C.S. (Pre) 1997]

Correct Answer: (a) Development of Handlooms
Solution:Meera Seth, was the Chairperson of the 12-member committee (constituted in 1995) related to development of handloom sector. In its report, the committee had recommended for establishment of National Handloom Fund of Rs. 500 Crore.

The Mira Seth Committee played a pivotal role in highlighting the needs of the handloom industry and suggesting ways to revitalize it. Its recommendations have influenced policies aimed at supporting handloom weavers and promoting handloom products.

18. Sathyam Committee deals with: [U.P.P.C.S. (Pre) 2000]

Correct Answer: (a) Textile policy
Solution:Sathyam Committee on Textile Policy was constituted in July, 1998 and submitted its report in August, 1999. The National Textile Policy, 2000 was based on Sathyam Committee report.

The main objective of the policy was to facilitate the Textile Industry to attain and sustain a pre-eminent global standing in the manufacture and export of clothing and equip the Industry to withstand pressures of import penetration and maintain a dominant presence in the domestic market.

19. The Chairman of the National Commission for Enterprises in the Unorganized Sector is: [U.P.P.C.S. (Mains) 2005]

Correct Answer: (a) Arjun Sengupta
Solution:The Government constituted the National Commission for Enterprises in the Unorganised Sector (NCEUS) under the Chairmanship of Dr. Arjun Sengupta on 20.09.2004. The Commission completed its term on 30.04.2009. The Com- mission submitted its Reports including Report on Social Security for Unorganized Workers. The Report on Social Security for Unorganised Workers was submitted in May, 2006.

20. Rajasthan State Industrial Development and Investment Corporation established in 1969 under the Companies Act 1956 helps to: [R.A.S./R.T.S.(Pre) 2007]

Correct Answer: (d) All of the above
Solution:A State Government enterprise in Rajasthan incorporated under Companies Act, 1956 on 28th March, 1969 as Rajasthan State Industrial and Mineral Development Corporation (RSIMDC) and bi-furcated into Rajasthan State Industrial Development and Investment Corporation (RIICO) and Rajasthan State Mineral Development Corporation (RSMDC) on 1 January, 1980. RIICO is an apex organization of Government of Rajasthan for developing of industrial infrastructure.

RIICO (Rajasthan State Industrial Development and Investment Corporation) has played a catalytic role in the industrial development of Rajasthan. Services provided by RIICO to investors and entrepreneurs include: Site selection and acquisition of land, financial assistance to small, medium and large scale projects, equity participation in large projects on merit, technical consultancy for project identification and technical tie-up, escort services, facilitation of government clearances, merchant banking and financial tie-ups, extending incentives and concessions according to the policy of State Government and Department of Industries.