SSC Economics Sample Paper NCERT Sample Paper-1

  • question_answer
    Among the following which industries comes under the list of compulsory license?
    1. Cigar, Cigarettes and other substitutes of prepared tobacco.
    2. Electronic, Aerospace and all types of defence equipment. Which of these statements is/are correct?

    A)  Only 1 

    B)  Only 2

    C)  Both 1 and 2    

    D)  neither 1 nor 2

    Correct Answer: C

    Solution :

    [c] Comprehensive list for which industrial licensing is compulsory:
    1. Coal and lignite
    2. Petroleum (other than crude) and its distillation products.
    3. Distillation and brewing of alcoholic drinks
    4. Sugar
    5. Animal fats and oils, partly or wholly hydrogenated
    6. Cigars and cigarettes of tobacco and manufactured tobacco substitutes
    7. Asbestos and asbestos-based products
    8. Plywood, decorative veneers, and other wood-based products such as particle board, medium density fiber board, and black-board
    9. Raw hides and skins, leather chamois and patent leather
    10. Tanned or dressed furskins
    11. Motor cars
    12. Paper and Newsprint except bagasse-based units (i.e. except units based on minimum 75% pulp from agricultural residues, bagasse and other non-conventional raw materials)
    13. Electronic aerospace and defence equipment: all types
    14. Explosives including detonating fuses, safety fuses, gunpowder, nitrocellulose and matches
    15. Hazardous chemicals
    16. Drugs and Pharmaceuticals (according to Drug Policy)
    17. Entertainment electronics (VCR's, color TV's, CD players, tape recorders)
    18. White goods (domestic refrigerators, domestic dishwashing machines, programmable domestic washing machines, microwave ovens, air conditioners)

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