Business Environment-Industrial Policy and Implementation [NTA-NET (Based on NTA-UGC) Commerce (Paper-II)]: Questions 1 - 3 of 9

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Question number: 1

» Business Environment » Industrial Policy and Implementation

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Appeared in Year: 2013

MCQ▾

Question

Under the provision of the industries (development and regulation) act, 1951, a license is necessary for (June, Paper- III, UGC NET)

Choices

Choice (4)Response

a.

Producing for manufacturing a new article in an existing industrial undertaking.

b.

Establishing a new undertaking

c.

Changing the location of an existing industrial undertaking

d.

All a. , b. and c. are correct

Question number: 2

» Business Environment » Industrial Policy and Implementation

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Appeared in Year: 2017

MCQ▾

Question

Statement I: If the workers develop an attitude of non-cooperation with Management, a repressive economic system may be needed to set right this industrial disorder.

Statement II: By fulfilling social responsibility towards shareholders, employees, consumers, government and community, a business achieves economic growth and increases public image.

Choices

Choice (4)Response

a.

The statements I and II are correct.

b.

Statement II is correct but I is incorrect.

c.

The statements are incorrect.

d.

Statement I is correct, but II is incorrect.

Question number: 3

» Business Environment » Industrial Policy and Implementation

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Appeared in Year: 2015

MCQ▾

Question

Liberalization means:

Choices

Choice (4)Response

a.

Free determination of interest rate

b.

Opening up economy to the world by attaining international competitiveness

c.

Reducing number of reserved industries from 17 to 8

d.

Liberating the industry, trade and economy from unwanted restriction

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