UPSC Indian Economy – Chapter 24: Industrial Policy and Industrial Growth (29 MCQs)

The Industrial Policy Resolution often called the "Economic Constitution of India" is that of:

The National Manufacturing Policy (2011) aimed to raise the share of manufacturing in GDP to:

The new series of the Index of Industrial Production has the base year:

The Index of Core Industries is compiled by:

Which of the following is NOT among the industries covered by the Index of Core Industries?

PLI schemes pay incentives on:

Consider the following statements about PLI outcomes (as on 30 June 2026):
1. Investment realised was about ₹2.58 lakh crore.
2. Incentives disbursed were about ₹36,754 crore.
3. Employment generated was over 1 crore.
Which of the statements given above are correct?

Under the limits effective from 1 April 2025, a small enterprise has investment up to:

The Coir Board functions under the:

The National Automotive Board functions under the:

Assertion (A): Plant varieties cannot be patented in India.
Reason (R): Section 3(j) of the Patents Act excludes plants, seeds and essentially biological processes from patentability.

The Intellectual Property Appellate Board was abolished in:

Under Section 135 of the Companies Act, 2013, eligible companies must spend on CSR at least:

Which of the following statements are correct?
1. The FSS Act, 2006 replaced the Prevention of Food Adulteration Act, 1954.
2. FSSAI functions under the Ministry of Health and Family Welfare.
3. FSSAI is headed by the Director General of Health Services.
Select the correct answer:

Arrange the following in chronological order:
1. Make in India
2. MSMED Act
3. National Manufacturing Policy
4. PLI schemes
Select the correct answer:

Fixed-term employment across all sectors was introduced through the:

The Abid Hussain Committee (1997) is associated with:

According to ASI 2024-25, the State with the largest number of factories is:

A circular economy reduces greenhouse-gas emissions mainly because it:

The Atal Innovation Mission is set up under:

With reference to India, consider the following pairs (Organization – Union Ministry):
I. The National Automotive Board – Ministry of Commerce and Industry
II. The Coir Board – Ministry of Heavy Industries
III. The National Centre for Trade Information – Ministry of Micro, Small and Medium Enterprises
How many of the above pairs are correctly matched?

Consider the following statements:
Statement I: Circular economy reduces the emissions of greenhouse gases.
Statement II: Circular economy reduces the use of raw materials as inputs.
Statement III: Circular economy reduces wastage in the production process.
Which one of the following is correct in respect of the above statements?

With reference to Corporate Social Responsibility (CSR) rules in India, consider the following statements:
1. CSR rules specify that expenditures that benefit the company directly or its employees will not be considered as CSR activities.
2. CSR rules do not specify minimum spending on CSR activities.
Which of the statements given above is/are correct?

Consider the following statements with reference to India:
1. According to the 'Micro, Small and Medium Enterprises Development (MSMED) Act, 2006', the 'medium enterprises' are those with investments in plant and machinery between Rs. 15 crore and Rs. 25 crore.
2. All bank loans to the Micro, Small and Medium Enterprises qualify under the priority sector.
Which of the statements given above is/are correct?

Consider the following statements:
1. According to the Indian Patents Act, a biological process to create a seed can be patented in India.
2. In India, there is no Intellectual Property Appellate Board.
3. Plant Varieties are not eligible to be patented in India.
Which of the statements given above is/are correct?

Atal Innovation Mission is set up under the

As per the Industrial Employment (Standing Orders) Central (Amendment) Rules, 2018:
1. If rules for fixed-term employment are implemented, it becomes easier for the firms/companies to lay off workers.
2. No notice of termination of employment shall be necessary in the case of temporary workman.
Which of the statements given above is/are correct?

Consider the following statements:
1. The Food Safety and Standards Act, 2006 replaced the Prevention of Food Adulteration Act, 1954.
2. The Food Safety and Standards Authority of India (FSSAI) is under the charge of Director General of Health Services in the Union Ministry of Health and Family Welfare.
Which of the statements given above is/are correct?

With reference to the 'National Intellectual Property Rights Policy', consider the following statements:
1. It reiterates India's commitment to the Doha Development Agenda and the TRIPS Agreement.
2. Department of Industrial Policy and Promotion is the nodal agency for regulating intellectual property rights in India.
Which of the above statements is/are correct?