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Home › Economy › Industrial Policy

Industrial Policy — Economy Questions & Practice

Practise 10 Industrial Policy questions from Economy for competitive exams such as UPSC, Banking, SSC and Railway. Read the worked questions below, check every answer with an explanation, and track what you get wrong.

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Practice questions on Industrial Policy — with answers

Try each question first, then open the answer. Explanations are included.

1. Which body enforces the Competition Act and prevents anti-competitive practices in India?

  1. ARBI
  2. BSEBI
  3. CCompetition Commission of India (CCI)
  4. DMRTP Commission
Show answer

Answer: C

The correct answer is 'Competition Commission of India (CCI)'.

2. What does 'disinvestment' refer to in the context of Indian public sector enterprises?

  1. AIncreasing government investment in PSUs
  2. BThe sale or liquidation of government stake/assets in public sector undertakings
  3. CSetting up new PSUs
  4. DNationalizing private companies
Show answer

Answer: B

The correct answer is 'The sale or liquidation of government stake/assets in public sector undertakings'.

3. Which department oversees disinvestment of Central Public Sector Enterprises in India?

  1. ADepartment of Investment and Public Asset Management (DIPAM)
  2. BMinistry of Corporate Affairs
  3. CNITI Aayog
  4. DDepartment of Public Enterprises
Show answer

Answer: A

The correct answer is 'Department of Investment and Public Asset Management (DIPAM)'.

4. Which category of Central Public Sector Enterprises (CPSEs) enjoys the highest level of financial and operational autonomy?

  1. ANavratna
  2. BRatna
  3. CMaharatna
  4. DMiniratna
Show answer

Answer: C

The correct answer is 'Maharatna'.

5. How many CPSEs were originally granted 'Navratna' status in 1997?

  1. A7
  2. B9
  3. C5
  4. D11
Show answer

Answer: B

The correct answer is '9'.

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