Problems with Industry

Q. In India, the three major objectives of economic policy are growth, social justice and price stability. Which of the above objectives can be pursued most effectively by the monetary authorities of the country?

1. Social Justice
2. Price Stability
3. None of the above
4. Growth

Q. National Skill Development Corporation (NSDC) operates through partnership with the _________________________.

1. Private Sector
2. Central Ministers
3. State Government
4. All of the above

Q. Explain clearly four ways by which the State can promote economic growth and development.

Q.

Which of the following hampered the growth of industries in the economy?

1. Nepotism

2. Land reforms

3. Incentive problem

4. Licensing

Q. The industry sector was facing an incentive problem.

1. False
2. True

Q. Reservation for public sector has been reduced to only _________ industry groups.

1. two
2. three
3. five
4. four

Q. Discovery of new technical knowledge and improvements in technology leads to _____________________.

1. Internal Economies of Scale
2. Internal Diseconomies of Scale
3. External Economies of Scale
4. External Diseconomies of Scale

Q. Which of the following sector comes under the category of "tertiary sector"?

1. Secondary sector
2. Service sector
3. Primary sector
4. None of the above

Q. Suggest any three ways to improve the condition of the public sector at grassroot level.

Q.

What were the troubles of government enterprises?

1. Underperformance

2. Complacency

3. Lack of incentive

4. Regulatory pricing

Q. Which of the following challenges social entrepreneurs are facing ?

1. Limited access to early stage capital
2. Development of new product
3. Maintaining profits
4. All of the above

Q. Nepotism and land reforms were a major hindrance to the growth of industries in the 1970-1980 period.

1. True
2. False

Q. Indian Economy is an example of.

1. Capitalist Economy
2. None of the above
3. Socialist Economy
4. Mixed Economy