1) Which of the following are among the 4Ds mentioned by the PM during the Make in India Week in Mumbai?
1) Democracy
2) Demography
3) Demand
4) Disinvestment
a. 1, 2 and 3
b. 1 and 3
c. 1, 3, 4
d. All of the above
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Answer
Explanation
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ANSWER: 1, 2 and 3
Explanation:
- Showcasing India as a land of immense opportunities, Prime Minister Narendra Modi told representatives from 68 countries participating in the Make in India Week that India was blessed with Democracy, Demography, and Demand and his government had added Deregulation making it a four-dimensional India waiting for foreign investment and manufacturing companies.
- India was committed to harnessing its growth potential in a cleaner and greener way.
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2) Which French company will make 800 high horse power locomotives in India?
a. Rafale
b. Alstom
c. CNES
d. None of the above
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Answer
Explanation
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ANSWER: Alstom
Explanation:
Under the ‘Make in India’ banner, India and France signed a deal that will allow French industrial major Alstom to make 800 high horse power locomotives in India. The locomotives are expected to be made in the electric locomotives factory in Madhepura, Bihar.
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3) India will manfacture Kamov 226 helicopter under 'Make In India' program jointly with -
a. France
b. Russia
c. United States
d. Israel
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Answer
Explanation
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ANSWER: Russia
Explanation:
- India and Russia to jointly manufacture Kamov 226 helicopter under 'Make In India'
- State owned HAL is believed to have piped a proposal by the Anil Ambani owned Reliance Defence as the main partner for the contract that is expected to cost over $ 1 billion.
- The State Corporation Rostec will organize in India the production of the Russian Ka-226T and its modifications in the amount of not less than 200 units.
- The agreement also provides for the maintenance, operation and repair of helicopters and providing them with technical support.
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4) Government has eased norms for bilateral Official Development Assistance to promote which scheme?
a. Digital India
b. Make in India
c. Swachch Bharat Abhiyan
d. None of the above
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Answer
Explanation
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ANSWER: Make in India
Explanation:
Government has eased norms for bilateral aid to promote Make in India, easing norms for bilateral Official Development Assistance (ODA) to enable the country access assistance from other countries, a move which will promote 'Make in India' campaign by obtaining new technology and boost infrastructure. Bilateral assistance is currently available from partners like the US, the UK, Japan, Germany, France, Italy, Canada, Russia, European Commission and European Union members. As per the modified guidelines, bilateral assistance for a minimum of USD 1 billion, of which 50 percent should be untied loans, can be accepted for capital intensive projects and other projects of specific nature.
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5) Which of the following statements is/are correct?
1. India Aspiration Fund (IAF) would invest in venture capital funds with initial corpus of Rs. 2,000 crore.
2. SIDBI Make in India Loan for Enterprises (SMILE) is a debt-fund with Initial corpus of Rs. 10, 000 crore
a. Only 1
b. Only 2
c. Both
d. None
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Answer
Explanation
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ANSWER: Both
Explanation:
SIDBI under the first fund India Aspiration Fund (IAF) would invest in venture capital funds for meeting the equity requirement of MSME start-ups and for this the initial corpus of Rs. 2,000 crore has been set. Life Insurance Corp. of India (LIC) will be a partner and co-investor in this fund. Under second fund the SIDBI Make in India Loan for Enterprises (SMILE) is a debt-fund which will carter soft term loans to MSMEs to meet debt-to-equity norms and pursue growth opportunities, SIDBI has set Initial corpus of Rs. 10, 000 crore under SMILE fund.
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6) Foxconn signed MOU with Government Of Maharashtra to set up electronic manufacturing plant in Maharashtra with the investment of $5 billion within the 5-year period. Foxconn is a -
a. Chinese company
b. Taiwanese company
c. South Korean company
d. Japanese company
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Answer
Explanation
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ANSWER: Taiwanese company
Explanation:
Foxconn Technology — the world's largest contract manufacturer of smart phones will invest in India in manufacturing, energy and e-commerce sectors under Make in India program.
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7) Which of the following statement / s is / are correct with regard to ‘Make in India’ initiative?
1) It promotes Green and Advanced manufacturing.
2) A body, namely the ‘Invest India’, has been created to act as the first reference point for guiding foreign investors on all aspects of regulatory and policy issues and to assist them in obtaining clearances.
a. Only 1
b. Only 2
c. Both 1 and 2
d. None of the above
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Answer
Explanation
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ANSWER: Both 1 and 2
Explanation:
It is implemented by Department of industrial Policy and Promotion in Ministry of Commerce and Industry. E-Biz portal would provide a 24x7; online, real-time platform for all central regulatory clearances. In partnership with State governments, State Level Clearances would also be brought on this portal.
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8) Which programme / programmes is / are envisaged to make India a manufacturing hub of the world?
1. Skill India
2. Make in India
3. Made in India
a. Only 2
b. Only 3
c. 1 and 2
d. 1 and 3
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Answer
Explanation
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ANSWER: 1 and 2
Explanation:
No explanation is available for this question!
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