Multi-choice 6 Question 1. Which facility was provided to manufacturers to change their product-mix rapidly to match changes in demand patterns without incurring procedural delays ? Answers Option 1 Mandatory convertibility. Option 2 Phased manufacturing Option 3 Re-endorsement of capacity Option 4 Broad banding Feedback Wrong choice Incorrect selection Wrong choice Correct option Solution Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Question 2. With a view to improve capacity utilisation in industries, government implemented a scheme of Answers Option 1 Phased manufacturing Option 2 Mandatory convertibility Option 3 Broad banding of company Option 4 Re-endorsement of capacity Feedback Wrong choice Incorrect selection Wrong choice Correct option Solution Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Question 3. Industrial Reconstruction Corporation of India (IRCI) is a Answers Option 1 Non-corporate entity Option 2 Company Option 3 Non-statutory corporation Option 4 Statutory corporation Feedback Wrong choice Incorrect selection Wrong choice Correct option Solution Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Question 4. Dominant undertakings’ covered those which controlled at least ____ of production or market of a product Answers Option 1 Option 2 Option 3 Option 4 Feedback Wrong choice Incorrect selection Correct option Wrong choice Solution Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Question 5. MRTP Act covers Answers Option 1 National monopolies Option 2 Product monopolies Option 3 Both of the above Option 4 None of the above Feedback Wrong choice Incorrect selection Correct option Wrong choice Solution Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Question 6. Practice which tends to obstruct the flow of capital into streams of production is Answers Option 1 Restrictive trade practice Option 2 Unfair trade practice Option 3 Monopolistic trade practice Option 4 None of the above Feedback Correct option Wrong choice Incorrect selection Wrong choice Solution Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Question 7. Mounting prices at an unreasonable level is a Answers Option 1 Unfair trade practice Option 2 Monopolistic trade practice Option 3 Restrictive trade practice Option 4 None of the above Feedback Wrong choice Correct option Incorrect selection Wrong choice Solution Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Question 8. Supply of sub-standard goods is a Answers Option 1 Unfair trade practice Option 2 Restrictive trade practice Option 3 Monopolistic trade practice Option 4 None of the above Feedback Correct option Wrong choice Incorrect selection Wrong choice Solution Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Question 9. Sick units are referred to Answers Option 1 BIFR Option 2 SIA Option 3 FIPB Option 4 DGTD Feedback Correct option Wrong choice Incorrect selection Wrong choice Solution Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Question 10. Entrepreneurs are required to submit an Industrial Entrepreneur Memorandum (IEM) to Answers Option 1 SIA Option 2 FIPB Option 3 RBI Option 4 DGTD Feedback Correct option Wrong choice Incorrect selection Wrong choice Solution Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Wrong (Feedback)
Multi-choice 6 Question 1. Which facility was provided to manufacturers to change their product-mix rapidly to match changes in demand patterns without incurring procedural delays ? Answers Option 1 Mandatory convertibility. Option 2 Phased manufacturing Option 3 Re-endorsement of capacity Option 4 Broad banding Feedback Wrong choice Incorrect selection Wrong choice Correct option Solution Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Question 2. With a view to improve capacity utilisation in industries, government implemented a scheme of Answers Option 1 Phased manufacturing Option 2 Mandatory convertibility Option 3 Broad banding of company Option 4 Re-endorsement of capacity Feedback Wrong choice Incorrect selection Wrong choice Correct option Solution Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Question 3. Industrial Reconstruction Corporation of India (IRCI) is a Answers Option 1 Non-corporate entity Option 2 Company Option 3 Non-statutory corporation Option 4 Statutory corporation Feedback Wrong choice Incorrect selection Wrong choice Correct option Solution Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Question 4. Dominant undertakings’ covered those which controlled at least ____ of production or market of a product Answers Option 1 Option 2 Option 3 Option 4 Feedback Wrong choice Incorrect selection Correct option Wrong choice Solution Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Question 5. MRTP Act covers Answers Option 1 National monopolies Option 2 Product monopolies Option 3 Both of the above Option 4 None of the above Feedback Wrong choice Incorrect selection Correct option Wrong choice Solution Wrong (Feedback) Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Question 6. Practice which tends to obstruct the flow of capital into streams of production is Answers Option 1 Restrictive trade practice Option 2 Unfair trade practice Option 3 Monopolistic trade practice Option 4 None of the above Feedback Correct option Wrong choice Incorrect selection Wrong choice Solution Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Question 7. Mounting prices at an unreasonable level is a Answers Option 1 Unfair trade practice Option 2 Monopolistic trade practice Option 3 Restrictive trade practice Option 4 None of the above Feedback Wrong choice Correct option Incorrect selection Wrong choice Solution Wrong (Feedback) Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Question 8. Supply of sub-standard goods is a Answers Option 1 Unfair trade practice Option 2 Restrictive trade practice Option 3 Monopolistic trade practice Option 4 None of the above Feedback Correct option Wrong choice Incorrect selection Wrong choice Solution Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Question 9. Sick units are referred to Answers Option 1 BIFR Option 2 SIA Option 3 FIPB Option 4 DGTD Feedback Correct option Wrong choice Incorrect selection Wrong choice Solution Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Wrong (Feedback) Question 10. Entrepreneurs are required to submit an Industrial Entrepreneur Memorandum (IEM) to Answers Option 1 SIA Option 2 FIPB Option 3 RBI Option 4 DGTD Feedback Correct option Wrong choice Incorrect selection Wrong choice Solution Correct Option (Feedback) Wrong (Feedback) Wrong (Feedback) Wrong (Feedback)
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