Indian Economy MCQs
Indian Economy Multiple Choice Questions (MCQs) for State and UPSC Civil Services Examinations. Objective Questions on Indian Economy for competitive examinations.
61. Which is the largest cement producing company in India?
[A] Jaypee cement
[B] ACC cement
[C] Ambuja cement
[D] Birla cement
Show Answer
Correct Answer: B [ACC cement]
Notes:
ACC Cement is the largest cement producing company in India. It has an installed capacity of 18640 tons and produces about 18000 tons of cement.
62. Which among the following contains aluminium and silicon?
[A] Coal
[B] Petroleum
[C] Fly ash
[D] None of the above
Show Answer
Correct Answer: C [Fly ash]
Notes:
Fly ash and slag contains aluminium and silicon readily. They can be part of geo polymer cement.
63. What is the chemical industry contribution to manufacturing output?
[A] 11.3%
[B] 20.5%
[C] 17.6%
[D] 13.4%
Show Answer
Correct Answer: C [17.6%]
Notes:
The chemical industry accounts for about 17.6 per cent of the output of India’s manufacturing sector. The industry output is estimated at US$ 35 billion, with a total investment of approximately US$ 60 billion.
64. Which act in India deals with transportation of hazardous chemicals?
[A] Environment act,1986
[B] Environment act,2000
[C] Central motor vehicle rules,1989
[D] none of the above
Show Answer
Correct Answer: C [Central motor vehicle rules,1989]
Notes:
The Central Motor Vehicles Rules, 1989, deals with all aspects of road transportation in general and also specifically addresses the transportation of hazardous goods, including chemicals.
65. What is the FDI for coal and lignite under the automatic route?
[A] 100
[B] 51
[C] 49
[D] None of the above
Show Answer
Correct Answer: A [100]
Notes:
India’s FDI Policy allows 100% FDI through automatic route in the steel and mining sectors, 100% FDI for coal and lignite under the automatic route.
66. What is India’s rank in the production of vaccines by value?
Show Answer
Correct Answer: D [10]
Notes:
India ranks 10 in the production of vaccines by value and 3 in the production of vaccines by volume.
67. What is the FDI allowed in greenfield pharma under the automatic route?
[A] 100
[B] 74
[C] 49
[D] 51
Show Answer
Correct Answer: A [100]
Notes:
Indian government allows 100% Foreign Direct Investment (FDI) under the automatic route for greenfield pharma.
68. What is the total housing sales in 2019 across the major metro cities?
[A] 3.41 lakh units
[B] 2.61 lakh units
[C] 1.34 lak untis
[D] 2 lakh units
Show Answer
Correct Answer: B [2.61 lakh units]
Notes:
Housing sales reached 2.61 lakh units in 2019 across seven major cities. The cities are Mumbai,Delhi, Bengaluru, Kolkatta, Hyderabad, Chennai, Pune.
69. What is the FDI allowed in the construction sector under the automatic route?
[A] 100
[B] 75
[C] 49
[D] 51
Show Answer
Correct Answer: A [100]
Notes:
The FDI allowed in the construction sector under the automatic route is 100%. The FDI under automatic route is permitted in completed projects for operations and management of townships, malls/shopping complexes, and business constructions.
70. What is the contribution of sugarcane to global sugar production?
[A] 80%
[B] 40%
[C] 60%
[D] 70%
Show Answer
Correct Answer: A [80%]
Notes:
Sugarcane, on average, accounts for nearly 80% of global sugar production. Currently, about 110 countries produce sugar from either cane or beet, and eight countries produce sugar from both cane and beet.
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