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Sectors Of The Indian Economy Quiz 12 (25 MCQs)

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1. Fill in the blanks using the correct optionCotton is a _____ product
2. Choose one correct statement from the following:
3. The process of _____ is essential in the Secondary Sector.
4. In terms of GDP the share of teritary sector in 2013-14 is-
5. Assertion:In India, over the forty years between 1973-74 and 2013-14, while production in all the three sectors has increased, it has increased the most in the tertiary sector.Reason:Tertiary sector is the only organized sector in the economy so the government spends a lot of money for creating jobs in tertiary sector.
6. Disguised Unemployment means a situation where people are:
7. The following sector is the largest contributor to Employment?
8. Which of the following is an example of Primary Industry
9. Assertion:GDP shows how big an economy is.Reason:GDP is the value of all goods and services produced within the domestic territory of a country in a year.
10. The value of final goods and services produced in each sector during a particular year provides the _____
11. Assertion:When calculating the total value of goods and services produced in a country, the value of all goods and services at each stage of production should be calculated.Reason:At each stage of production some value is added to a good or service, therefore, the value added at each stage of production is added to derive the total value of gods and services in an economy.
12. Tertiary sector is also called service sector.
13. What is the primary sector known as?
14. Primary sector continues to be the largest employer since 1973-74 until the present times because
15. Give an example of Intermediate good?
16. Which organisation India undertakes the task of measuring GDP
17. The sector of the economy that has become the least contributor to GDP in recent years is
18. Which of the following is a private sector enterprise?
19. Pick the incorrect option:GDP is defined as Gross Domestic Product of a country when we take into account the
20. Which sector is also called as service sector?
21. In which sector activities are not guided by profit motive?
22. In urban areas, unorganized sector comprises mainly of which of the following?
23. Assertion:Mohan is a shopkeeper who pays his taxes on time. He has employed two workers Rakesh and Raghu in his shop. He pays them well, however, none of the workers get any paid leaves in the year. Reason:Rakesh and Raghu are employed in unorganized sector.
24. _____ is also called Tertiary sector.
25. Why do the workers need protection and support of the government in the unorganised sector?
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