UPSC 2002 › Indian Economy › Infrastructure & Industry

6 questions · 2002 · answers as per the UPSC key

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All years of Infrastructure & Industry · Full UPSC 2002 paper

Consider the following statements: The Draft Electricity Bill, 2001 seeks to replace

  1. Indian Electricity Act, 1910
  2. Electricity (Supply) Act, 1948
  3. Electricity Regulatory Commission Act, 1998
  4. State Electricity Boards

Which of these statements are correct?

(a) 1, 2 and 3
(b) 2, 3 and 4
(c) 1, 2 and 4
(d) 1, 3 and 4
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Answer: (a) 1, 2 and 3

Which one of the following committees recommended the abolition of reservation of items for the small-scale sector in industry?

(a) Abid Hussain Committee
(b) Narasimham Committee
(c) Nayak Committee
(d) Rakesh Mohan Committee
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Answer: (a) Abid Hussain Committee

Consider the following statements: The objectives of the National Renewal Fund set up in February 1992 were

  1. to give training and counselling for workers affected by retrenchment or VRS.
  2. redeployment of workers

Which of these statements is/are correct?

(a) Neither 1 nor 2
(b) Both 1 and 2
(c) 1 only
(d) 2 only
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Answer: (b) Both 1 and 2

With reference to the public Sector Undertaking in India, consider the following statements:

  1. Minerals and Metals Trading Corporation of India Limited is the largest non-oil importer of the country.
  2. Project and Equipment Corporation of India Limited is under the Ministry of Industry.
  3. One of the objectives of Export Credit Guarantee Corporation of India Limited is to enforce quality control and compulsory pre-shipment inspection of various exportable commodities

Which of these statements is/are correct?

(a) 1 only
(b) 1 and 2
(c) 2 and 3
(d) 3 only
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Answer: (a) 1 only

Consider the following statements:

  1. NTPC is the largest power utility in India.
  2. ONGC accounts for half of the LPG production in India.
  3. Indian Oil Corporation operates all the oil refineries in India.
  4. The Indian Ordinance Factory is the largest departmentally run industrial undertaking in the country.

Which of these statements is/are correct?

(a) 1 only
(b) 2 and 3
(c) 2, 3 and 4
(d) 1 and 4
Show answer
Answer: (d) 1 and 4

With reference to power sector in India consider the following statements:

  1. Rural electrification has been treated as a Basic Minimum Service under the Prime Minister’s Gramodaya Yojana.
  2. 100 per cent Foreign Direct Investment in power is allowed without upper limit
  3. The Union Ministry of Power has signed a Memoranda of Understanding with 14 states.

Which of these statements is/are correct?

(a) 1 only
(b) 1 and 2
(c) 2 and 3
(d) 3 only
Show answer
Answer: (b) 1 and 2