Classical

Business Environment - Business Environment Questions

31:  

Choose the correct statement:

A.
the public sector would play useful in augmenting basic resources of country like land, forest, water
B.
the public sector will have responsibility for meeting social need
C.
public sector would not playa useful role in population controls
D.

only (A) and (B)

 
 

Option: D

Explanation :


32:  
With the Industrial Policy Resolution of 1956, the future development of key industries became the exclusive responsibility of the State.
A.

18

B.

17

C.

16

D.

15

 
 

Option: B

Explanation :


33:  

The expanded production of fertilizers, textiles & buildings require some

A.

power production

B.
domestic production of the necessary capital goods
C.

economical growth

D.

none of these

 
 

Option: B

Explanation :


34:  
Assertion (A). Private location process leads to change in management with change in ownership.
Reason (R). Change in management is not a necessary condition for the process of privatisation.
A.

Both (A) and (R) are correct.

B.

(A) is correct but (R) is incorrect.

C.

(A) is incorrect but (R) is correct.

D.

Both (A) and (R) are incorrect.

 
 

Option: B

Explanation :


35:  
One of the criticism levelled against the development strategy in India is that ............ .should have been given greater importance than industry.
A.

agricultural sector

B.

private sector

C.

public sector

D.

hilly sector

 
 

Option: A

Explanation :




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