Which group of industries maximize savings on transport costs by being located near the sources of materials?
(a) Iron and steel, aluminum, cement
(b) Iron and steel, sugar, cotton textiles
(c) Heavy machinery, cement, sugar
(d) Iron and steel, cement, silk
Solution: (a)
Nearness to source of raw materials is one of the key factors that guide the establishment of such industries as iron and steel, and other metal industries. Besides, they are also found near the coal mines which are used in smelting processes.
Where are MIG engines assembled?
(a) Koraput
(b) Nasik
(c) Bangalore
(d) Ozar
Solution: (a)
Koraput is a town and a Notified Area Council in Koraput district in the Indian state of Odisha. HAL factory (Hindustan Aeronautics Limited, a defence enterprise of the Government of India) is only 15 km from Koraput town. This HAL factory makes military aircraft engines for MiG and expanding for Sukhoi assembly line. The HAL factory and township is sur rounded by hills and forest.
Ankleshwar and Kalol are two oil fields in
(a) Maharashtra
(b) Assam
(c) Gujarat
(d) Rajasthan
Solution: (c)
The major oil fields in Gujarat are in Mehsana, Kalol, Khambat and Ankleshwar. The important gas fields are at Kachchh and Ahmedabad.
If the commodities manufactured in Surat are sold in Mumbai or Delhi, then it is
(a) Territorial trade
(b) Internal trade
(c) International trade
(d) Free trade
Solution: (b)
Domestic trade, also known as internal trade or home trade, is the exchange of domestic goods within the boundaries of a country. This may be sub-divided into two categories, wholesale and retail. Wholesale trade is concerned with buying goods from manufacturers or dealers in large quantities and selling them in smaller quantities to others who may retailers or even consumers. Wholesale trade is undertaken by wholesale merchants or wholesale commission agents. The importance of domestic trade in a country is that it facilitates exchange of goods within the country. By doing this it also makes sure that factors of production reach to the right places so that the economy of the country can grow. By allowing all different types of goods and services to reach to all parts of the country it improves the standard of living of the residents of the country as well as the employment rate of the country. And it helps the growth of an industry by ensuring the availability of raw materials.
Which kind of power accounts for the largest share of power generation in India?
(a) hydro-electricity
(b) thermal
(c) nuclear
(d) solar
Solution: (b)
Thermal power is the largest source of power in India. There are different types of Thermal power plants based on the fuel used to generate the steam such as coal, gas, Diesel etc. About 75% of electricity consumed in India are generated by Thermal power plants. More than 50% of India’s commercial energy demand is met through the country’s vast coal reserves. Public sector undertaking National Thermal Power Corporation and several other state level pow er generating companies are engaged in operating coal based Thermal Power Plants.
