Engineering and Capital Goods Industry

General Knowledge Test with questions about different types of economies for exams like UPSC, SSC, UPPSC, Banking, RPSC, MPSC, KAS, MPPSC, and others.

1. What is the contribution of capital goods to Indian manufacturing output?

  1. 8%
  2. 25%
  3. 12%
  4. 15%
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Answer: Option C. 12%

2. In which year was the Engineering Exports Promotion Council established?

  1. 1981
  2. 1955
  3. 1949
  4. 1965
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Answer: Option B. 1955

3. What defines a capital goods industry?

  1. An industry that produces consumer goods
  2. An industry focused on raw material extraction
  3. An industry that sells finished products directly to consumers
  4. An industry that manufactures goods that are used in the production of other goods
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Answer: Option D. An industry that manufactures goods that are used in the production of other goods

4. Which country is the top importer of engineering products from India?

  1. China
  2. United States
  3. Germany
  4. Brazil
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Answer: Option B. United States

5. In which year did India become a permanent member of the Washington Accord?

  1. 2014
  2. 2010
  3. 2012
  4. 2008
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Answer: Option A. 2014