Ordnance Factories Day ?->(Show Answer!)

1. Ordnance Factories Day

Answer: 2017-03-18 00:00:00

Reply

Comments

Tags

Show Similar Question And Answers

QA->Whats the day of/date of "Ordnance Factories Day"....

QA->Whats the day of/date of "Ordnance Factories Day (India)"....

QA->Ordnance Factories Day....

QA->Ordnance Factories Day (India)....

QA->Whats the day of/date of "International Day of the Elimination of Racial Discrimination, International Day of Forest and World Down Syndrome Day, World Wood Day, World Sleep Day, Word Sparrow day"....

MCQ->Statement: The civic authority has decided that all the factories located inside the city limits be shifted outside to reduce the level of environmental pollution in the city. Assumptions: The pollution level in the city in future may reduce after these factories are shifted outside the city limit. Enough usable land is available outside the city limit for these factories. Many of these factories may shift to some other smaller towns to remain profitable.

...

MCQ-> Read the following passages carefully and answer the questions given at the end of each passage.PASSAGE 1In a study of 150 emerging nations looking back fifty years, it was found that the single most powerful driver of economic booms was sustained growth in exports especially of manufactured products. Exporting simple manufactured goods not only increases income and consumption at home, it generates foreign revenues that allow the country to import the machinery and materials needed to improve its factories without running up huge foreign bills and debts. In short, in the case of manufacturing, one good investment leads to another. Once an economy starts down the manufacturing path, its momentum can carry it in the right direction for some time. When the ratio of investment to GDP surpasses 30 percent, it tends to stick at the level for almost nine years (on an average). The reason being that many of these nations seemed to show a strong leadership commitment to investment, particularly to investment in manufacturing. Today various international authorities have estimated that the emerging world need many trillions of dollars in investment on these kinds of transport and communication networks. The modern outlier is India where investment as a share of the economy exceeded 30 percent of GDP over the course of the 2000s, but little of that money went into factories. Indian manufacturing had been stagnant for decades at around 15 percent of GDP. The stagnation stems from the failures of the state to build functioning ports and power plants and to create an environment in which the rules governing labour, land and capital are designed and enforced in a way that encourages entrepreneurs to invest, particularly in factories. India has disappointed on both counts creating labour friendly rules and workable land acquisition norms. Between 1989 and 2010 India generated about ten million new jobs in manufacturing, but nearly all those jobs were created in enterprises that are small and informal and thus better suited to dodge India’s bureaucracy and its extremely restrictive rules regarding firing workers It is commonly said in India that the labour laws are so onerous that it is practically impossible to comply with even half of them without violating the other half.Informal shops, many of them one man operations, now account for 39 percent of India’s manufacturing workforce, up from 19 percent in 1989 and they are simply too small to compete in global markets. Harvard economist Dani Rodrik calls manufacturing the “automatic escalator” of development, because once a country finds a niche in global manufacturing, productivity often seems to start rising automatically. During its boom years India was growing in large part on the strength of investment in technology service industries, not manufacturing. This was put forward as a development strategy. Instead of growing richer by exporting even more advanced manufactured products, India could grow rich by exporting the services demanded in this new information age. These arguments began to gain traction early in the 2010s.In new research on the “service escalators”, a 2014 working paper from the World Bank made the case that the old growth escalator in manufacturing was already giving way to a new one in service industries. The report argued that while manufacturing is in retreat as a share of the global economy and is producing fewer jobs, services are still growing, contributing more to growth in output and jobs for nations rich and poor. However, one basic problem with the idea of service escalator is that in the emerging world most of the new service jobs are still in very traditional ventures. A decade on, India’s tech sector is still providing relatively simple IT services mainly in the same back office operations it started with and the number of new jobs it is creating is relatively small. In India, only about two million people work in IT services, or less than 1 percent of the workforce. So far the rise of these service industries has not been big enough to drive the mass modernisation of rural farm economies. People can move quickly from working in the fields to working on an assembly line, because both rely for the most part on manual labour. The leap from the farm to the modern service sector is much tougher since those jobs often require advanced skills. Workers who have moved into IT service jobs have generally come from a pool of relatively better educated members of the urban middle class, who speak English and have atleast some facility with computers. Finding jobs for the underemployed middle class is important but there are limits to how deeply it can transform the economy, because it is a relatively small part of the population. For now, the rule is still factories first, not service first.According to the information in the above passage, manufacturing in India has been stagnant because there is
...

MCQ->When is Ordnance Factories Day (India) celebrated?...

MCQ-> Below is given a passage followed by several possible inferences which can be drawn from the facts stated in the passage. You have to examine each inference separately in the context of the passage and decide upon is degree of truth or falsity.In India the asbestos industry is growing. It employs more than 15,000 people in 75 units which are spread over several states like Gujarat, Madhya Pradesh, Maharashtra, Andhra Pradesh etc. Surprisingly, advanced countries are banning cancer-causing asbestos products. Multinational companies are from those which are setting up units in developing countries like India. One reason being lack of awareness in the society and indifference of the government machinery of these countries. Prolonged exposure to asbestos dust and fibres can cause lung cancer but most workers in India are too afraid to protest for fear of losing jobs. Some of these factors are operating in Mumbai. Quite a few of the factories in India are not known to take adequate precautions to protect workers from asbestos dust. The Government is taking several steps to provide medical inspection of workers. In fact it has amended factories act to extend the provision to even those factories employing less than 10 workers.The asbestos industry is one of the largest industries in India.
...

MCQ-> Abdul has 8 factories, with different capacities, producing boutique kurtas. In the production process, he incurs raw material cost, selling cost (for packaging and transportation) and labour cost. These costs per kurta vary across factories. In all these factories, a worker takes 2 hours to produce a kurta. Profit per kurta is calculated by deducting raw material cost, selling cost and labour cost from the selling price (Profit = selling price - raw materials cost - selling cost - labour cost). Any other cost can be ignored.

Which of the following options is in decreasing order of raw materials cost?
...