286: Consider the following statements : Small scale industries are, in most cases, not as efficient and competitive as the large scale ones. Yet the Government provides preferential treatment and reservations in a range of products to the small firms because small scale industries
I. provide higher employment on a per unit capital deployment basis.
II. promote a regional dispersion of industries and economic activities.
III. have performed better in export of manufactured products than the large scale ones.
IV. provide jobs to low skill workers, who otherwise may not find employment avenues elsewhere.
Which of the above statements are correct ?
(a) I and IV
(b) I and II
(c) II and III
(d) III and IV
Explanation:
Small Scale Industries were provided reservation because, they provide higher employment on a per unit capital development basis and provide jobs to low-skill workers, who otherwise may not find employment avenues elsewhere.
287: A small wooden block is floating in a tub of water. The water is gradually heated. The volume of the wooden block visible above the water level:
(a) Increases
(b) Decreases
(c) Fluctuates
(d) Remains the same
288: When a man circles round the earth in a satellite, then:
(a) His mass becomes zero but weight remains constant
(b) Mass remains constant but weight becomes zero
(c) Both mass and weight remain constant
(d) Both mass and weight remain zero
289: Consider the following statements :
1. If magenta and yellow coloured circles intersect, the interested are will have red colour.
2. If cyan and magenta coloured circles intersect, the interested are will have blue colour.
Which of the statements given above is/are correct ?
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
Explanation:
Magenta + Yellow = Red
Cyan + Megenta = Blue
290: Convertibility of the rupee implies
(a) being able to convert rupee notes into gold
(b) allowing the value of the rupee to be fixed by market forces
(c) freely permitting the conversion of rupee to other major currencies and vice versa
(d) developing an international market for currencies in India