SSC CGL Economy – Industry & Infrastructure – Level 3 · Challenge

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SSC CGL Economy – Industry & Infrastructure – Level 3 · Challenge – 10 questions, subject: Indian Economy. Every question has the correct answer with a one-line explanation; tap "Show Answer". Free practice for TNPSC, UPSC, SSC, Bank and RRB exams – Shanmugam IAS Academy, Coimbatore.

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1.  
Statement-basedAbout the 1991 industrial policy, which is/are correct?
I. Public-sector reservation was cut to 8 industries.
II. Automatic approval was given to foreign investment up to 51% in high-priority industries.
III. The MRTP Act was repealed in 1991 itself.

Correct Answer: C [I and II only]

Explanation:

1991 removed the MRTP asset limit; the Act itself was replaced later by the Competition Act, 2002.

2.  
Imaginary month (new ICI weights, equal starting levels): electricity +4%, refinery products −2%, all others 0%. Overall growth is about:

Correct Answer: B [0.79%]

Explanation:

(30.932 × 4 − 22.572 × 2)/100 = 0.78584 ≈ 0.79%.

3.  
An enterprise has investment of ₹ 40 crore and turnover of ₹ 80 crore. Under the limits from 1 April 2025 it is:

Correct Answer: D [Medium]

Explanation:

Investment 40 > 25 (small limit) → Medium even though turnover fits Small.

4.  
A ₹ 3,500 crore highway is built under HAM. The developer's share during construction is:

Correct Answer: C [₹ 2,100 crore]

Explanation:

60% of 3,500 = 2,100 (government 1,400).

5.  
Two-quantity comparisonTwo-quantity comparison (new ICI weights):
Quantity I: weight of electricity
Quantity II: weight of refinery products + fertilizers

Correct Answer: A [Quantity I > Quantity II]

Explanation:

QI = 30.932; QII = 22.572 + 2.731 = 25.303.

6.  
Spot My Mistake“Investment ₹ 30 crore, turnover ₹ 60 crore → small enterprise, because turnover is below ₹ 100 crore.” The correct class is:

Correct Answer: A [Medium]

Explanation:

Composite test: investment 30 > 25 (small limit) → Medium.

7.  
Statement-basedWhich statement is NOT correct (new series, base 2022–23)?

Correct Answer: B [In the IIP, electricity & gas supply has a higher weight than mining & quarrying]

Explanation:

Mining & quarrying 11.053 > electricity & gas 10.865.

8.  
Match the followingMatch the PPP models:
P. EPC Q. BOT R. BOO S. HAM
1. asset stays with the private owner 2. government funds the full cost 3. government pays 40% during construction 4. private builds, runs and transfers

Correct Answer: A [P-2, Q-4, R-1, S-3]

Explanation:

EPC govt money; BOT transfer; BOO no transfer; HAM 40:60.

9.  
Correct pairClassification of industries: Which pair is correctly matched?

Correct Answer: D [Basic industry – iron and steel]

Explanation:

Iron and steel supplies raw material to other industries – a basic (key) industry.

10.  
Which of the following is a non-commercial source of energy?

Correct Answer: C [Cattle dung cake]

Explanation:

Non-commercial sources (firewood, dung cake, farm waste) are mostly collected, not bought.

➤ Full notes, shortcuts and every answer explained – SSC CGL 2026 Indian Economy book (₹149): www.shanmugamiasacademy.in/study-materials/ssc-cgl-indian-economy

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