Understand the concept of the industrial sector. What is the primary characteristic that distinguishes the industrial sector from other sectors of the economy?

It produces goods and services for direct consumer consumption.

It relies on purchasing from other businesses.

It is classified as the primary sector.

It is not connected to broader economic categories.

Which Industrial Policy Resolution (1948, 1956, 1980, 1985 & 1986, or 1991) emphasized the dominance of heavy industries and laid the foundation for the development of the Public Sector and license raj?

Industrial Policy Resolution, 1948

Industrial Policy Resolution, 1956

Industrial Policy Resolution, 1980

What was the primary focus of the Industrial Policy Resolution of 1980?

Raising the efficiency of the public sector

Reversing the trend of industrial production

Which government policies in 1985 and 1986 aimed to diversify and open the Indian market, loosening foreign investment rules?

Industrial Policy Resolution, 1948

Industrial Policy Resolution, 1956

Industrial Policy Resolution, 1985 & 1986

What was the objective of the New Industrial Policy, 1991?

Increase the number of industries reserved for the public sector

Correct distortions in the industrial structure

Reinforce the Industrial Licensing Policy

Define disinvestment. What are the two types of disinvestment mentioned in the text?

Selling or liquidating assets; Majority and Minority Disinvestment

Reducing capital expenditures; Direct and Indirect Disinvestment

Promoting government investments; Insider and Outsider Disinvestment

Encouraging foreign investments; Greenfield and Brownfield Disinvestment

What is the current focus of the government's disinvestment policy under Atmanirbhar Bharat?

Increasing government presence in all sectors

Reducing government's presence in Public Sector Enterprises

Encouraging foreign investments in all sectors

Promoting government control in the MSME sector

What role does the MSME sector play in the Indian economy?

Contributes 45% to overall exports

Forms the core of the manufacturing GDP

Provides employment to around 120 million persons

What does the Ease of Doing Business index measure, and how has India performed in recent years according to this index?

Measures the quality of products; India's ranking has declined

Measures the ease of doing business; India's ranking has improved

Measures environmental sustainability; India's ranking has remained constant

Measures government spending; India's ranking has fluctuated

What is the primary objective of the Make in India initiative?

Encouraging foreign companies to dominate the market

Focusing on service-oriented businesses

Promoting manufacturing and assembly in India

Restricting international trade

Industry -1 Free MCQ Practice Test with Solutions

Important Questions for Industry -1

Find all the important questions for Industry -1 at EduRev.Get fully prepared for Industry -1 with EduRev's comprehensive question bank and test resources. Our platform offers a diverse range of question papers covering various topics within the Industry -1 syllabus. Whether you need to review specific subjects or assess your overall readiness, EduRev has you covered. The questions are designed to challenge you and help you gain confidence in tackling the actual exam. Maximize your chances of success by utilizing EduRev's extensive collection of Industry -1 resources.

Industry -1 MCQs with Answers

Prepare for the Industry -1 within the SSC CGL exam with comprehensive MCQs and answers at EduRev. Our platform offers a wide range of practice papers, question papers, and mock tests to familiarize you with the exam pattern and syllabus. Access the best books, study materials, and notes curated by toppers to enhance your preparation. Stay updated with the exam date and receive expert preparation tips and paper analysis. Visit EduRev's official website today and access a wealth of videos and coaching resources to excel in your exam.

Online Tests for Industry -1

Practice with a wide array of question papers that follow the exam pattern and syllabus. Our platform offers a user-friendly interface, allowing you to track your progress and identify areas for improvement. Access detailed solutions and explanations for each test to enhance your understanding of concepts. With EduRev's Online Tests, you can build confidence, boost your performance, and ace Industry -1 with ease. Join thousands of successful students who have benefited from our trusted online resources.

Education Revolution