This quiz works best with JavaScript enabled. Home > General Knowledge > Indian Economy > Basics > Sectors Of The Indian Economy – Quiz 2 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Sectors Of The Indian Economy Quiz 2 (60 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Transport of coal to a factory falls under which of the following economic sectors? A) Primary Sector. B) Tertiary Sector. C) Prmary sector. D) Secondary sector. Show Answer Correct Answer: B) Tertiary Sector. 2. "Access by all people at all times to enough food for an active, healthy life " is the definition of A) Company Security. B) Customer Security. C) Food Security. D) Social Security. Show Answer Correct Answer: C) Food Security. 3. Name one type of classification of the economy? A) Public/private. B) State/national. C) Rural. D) Urban. Show Answer Correct Answer: A) Public/private. 4. Fill in the blanks using the correct optionCloth is a ..... product. A) Natural. B) Manufactured. Show Answer Correct Answer: B) Manufactured. 5. Out of 200 million children in the school going age group, how many are attending schools? A) One-fifth. B) Half. C) One-fourth. D) Two-thirds. Show Answer Correct Answer: D) Two-thirds. 6. 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. A) Both assertion & reason are true & reason is the correct explanation of assertion. B) Both assertion & reason are true but reason is not the correct explanation of assertion. C) Assertion is true but reason is false. D) Both assertion & reason are false. Show Answer Correct Answer: A) Both assertion & reason are true & reason is the correct explanation of assertion. 7. More than ..... percent population of India ia engaged in agricultural sector A) 50. B) 40. C) 60. D) 70. Show Answer Correct Answer: A) 50. 8. Choose the correct sentence from the following. A) GDP stands for Gross Dormitory Profit. B) In disguised unemployment, the labour effort gets doubled. C) The underemployment is clearly hidden in contrast to someone who is clearly unemployed hence its called disguised unemployment. D) Many people in service sector like plumbers, carpenters do not spend the whole day for work but do not earn very little. Show Answer Correct Answer: C) The underemployment is clearly hidden in contrast to someone who is clearly unemployed hence its called disguised unemployment. 9. People engaged in tertiary sector are called A) Red collar. B) Blue collar. C) White collar. D) None of above. Show Answer Correct Answer: C) White collar. 10. As the methods of farming changed and the agriculture sector began to prosper, most of the goods produced were ..... from the primary sector and most people were also employed in this sector? A) Synthetic products. B) Natural products. C) Mixed products. D) Involved machines. Show Answer Correct Answer: B) Natural products. 11. In what ways, Employment can be created for people working in Unorganized Sectors. A) Promoting small scale industries. B) Increasing tourism activities. C) Support in irrigation and other facilities. D) All of the above. Show Answer Correct Answer: D) All of the above. 12. A teacher teaching in a school is working in which sector? A) Primary sector. B) Organised sector. C) Secondary sector. D) Unorganised sector. Show Answer Correct Answer: B) Organised sector. 13. When was MGNREGA launched A) 1950. B) 2003. C) 2004. D) 2005. Show Answer Correct Answer: D) 2005. 14. We classify economic activities into on organised and unorganised sector on the basis of A) Nature of activity. B) Working conditions. C) Ownership. D) All of the above. Show Answer Correct Answer: B) Working conditions. 15. Which statement is wrong?Mahatma Gandhi National Rural Employment Guarantee Act 2005 guarantees A) 100 days of work to rural unemployed in a year. B) 100 days of work to urban unemployed in a year. C) Government to provide unemployment allowances if it fails to provide jobs. D) It should be the kind of work that help increasing production from land to be given the preference under this ACT. Show Answer Correct Answer: B) 100 days of work to urban unemployed in a year. 16. Rohan is working long hours, gets regular salary, gets provident fund.Which sector is he working in? A) Organised sector. B) Unorganised sector. C) None of the above. D) None of above. Show Answer Correct Answer: A) Organised sector. 17. Manufacturing units in unorganised sector are: A) Not subject to government regulations. B) Subject to government regulations. C) Subject to central bank's regulations. D) None of the above. Show Answer Correct Answer: A) Not subject to government regulations. 18. The following sector is the largest contributor to GDP? A) Quaternery Sector. B) Tertiary Sector. C) Primary Sector. D) Secondary Sector. Show Answer Correct Answer: B) Tertiary Sector. 19. Employment in the service sector has ..... to the same extent as production. A) Increased. B) Not increased. C) Stabilized. D) None of above. Show Answer Correct Answer: B) Not increased. 20. The motive of public sector enterprises is: A) Profit making. B) Entertainment. C) Social welfare and security. D) None of the above. Show Answer Correct Answer: C) Social welfare and security. 21. Where are the employment and non-employment figures taken from to study the data? A) Real-Time Handbook of Statistics on Indian Economy. B) National Statistical Office (NSO). C) NITI Aayog. D) Statistics information Bureau. Show Answer Correct Answer: C) NITI Aayog. 22. What is the secondary sector? A) Production of a good by exploiting natural resources. B) Activities, by themselves, do not produce a good but they are an aid or support for the production process. C) Activities in which natural products are changed into other forms through ways of manufacturing. D) None of above. Show Answer Correct Answer: C) Activities in which natural products are changed into other forms through ways of manufacturing. 23. Agriculture, dairy farming are activities belonging to which of the following sectors? A) Secondary. B) Primary. C) Scientific technology. D) Tertiary. Show Answer Correct Answer: B) Primary. 24. Poultry is concerned with A) Tertiary Sector. B) Primary sector. C) Organised Sector. D) Secondary Sector. Show Answer Correct Answer: B) Primary sector. 25. For growth of the cotton plants, we depend mainly on ..... A) Rainfall. B) Sunshine and climate. C) Option 1 and 2 are correct. D) Option 1 and 2 are incorrect. Show Answer Correct Answer: C) Option 1 and 2 are correct. 26. Communication and banking come under ..... sector. A) Primary. B) Unsecure. C) Government. D) Tertiary. Show Answer Correct Answer: D) Tertiary. 27. Other Name of primary sector is A) Agriculture sector. B) Related sector. C) Farming sector. D) Agriculture and related sector. Show Answer Correct Answer: D) Agriculture and related sector. 28. It is common to see many organised sector enterprises in the unorganised sector.Why? A) Because of more landless people in rural areas. B) Because they want to evade taxes. C) Because jobs are not enough. D) Because the workers are of SC and ST category. Show Answer Correct Answer: B) Because they want to evade taxes. 29. Assertion:Rakesh is an educated and skilled worker who earns a high monthly salary as he is employed in a private bank in a city. Reason:All services in India are growing extremely well and each individual engaged in any kind of tertiary activity earns a high income. A) Both assertion & reason are true & reason is the correct explanation of assertion. B) Both assertion & reason are true but reason is not the correct explanation of assertion. C) Assertion is true but reason is false. D) Assertion is false but reason is true. E) Both assertion & reason are false. Show Answer Correct Answer: C) Assertion is true but reason is false. 30. Which of the following is correct about Gross Domestic Product?(i) Gross domestic product is the average value of final goods and services.(ii) Gross domestic product is the sum of the values of all final goods and services. A) Only (i). B) Only (ii). C) Both (i) & (ii). D) None of them. Show Answer Correct Answer: B) Only (ii). 31. In which type of unemployment more people are employed than required? A) Seasonal unemployment. B) Disguised unemployment. C) Educated unemployment. D) All the above. Show Answer Correct Answer: B) Disguised unemployment. 32. When income levels rise, certain sections of people start demanding many more services like ..... A) Tourism. B) Defence. C) Hospitals. D) More food. Show Answer Correct Answer: A) Tourism. 33. NREGA (National Rural Employment Guarantee Act of 2005) has guaranteed ..... days of employment in a year in many districts of India. What is the correct number of days? A) B) 30 days. B) (a) 200 days. C) C)100 days. D) D) 60 days. Show Answer Correct Answer: C) C)100 days. 34. Name the sector which continued to be the largest employer even in the year 2000 A) Primary sector. B) Public sector. C) Organised sector. D) None of above. Show Answer Correct Answer: A) Primary sector. 35. Full form of GDP A) Gross domestic product. B) Gross dominant product. C) Gross dominance product. D) None of the above. Show Answer Correct Answer: A) Gross domestic product. 36. Who estimates the GDP of Indian economy? A) IMF. B) RBI. C) CSO. D) NSSO. Show Answer Correct Answer: C) CSO. 37. Identify the correct answer from the alternatives provided.Both Tisco and Reliance Industries are owned by: A) The government. B) Private company. C) A cooperative society. D) Jointly by private companies and the govt. Show Answer Correct Answer: B) Private company. 38. The criterion for classification could of many depending on what we desire to find out.In dividing the economic activities according to the ' nature of activity' it is classified into ..... A) Public and private sectors. B) Organised and unorganised sectors. C) Primary, secondary and tertiary sectors. D) All of the above. Show Answer Correct Answer: C) Primary, secondary and tertiary sectors. 39. THE MONEY VALUE OF ALL FINAL GOODS AN SERVICES PRODUCED WITHIN A COUNTRY DURING A PARTICULAR YEAR IS CALLED: A) GROSS DOMESTIC PRODUCT. B) PRODUCTION OF SECONDARY SECTOR. C) NATIONAL PRODUCT. D) NET DOMESTIC PRODUCT. Show Answer Correct Answer: A) GROSS DOMESTIC PRODUCT. 40. Name one functioning activity of the Tertiary sector? A) Goods that are produced would need to be transported by trucks or trains and then sold in wholesale and retail shops. B) This sector gradually became associated with the different kinds of industries. C) Activities in which natural products are changed into other forms through ways of manufacturing. D) Produce a good by exploiting natural resources. Show Answer Correct Answer: A) Goods that are produced would need to be transported by trucks or trains and then sold in wholesale and retail shops. 41. Find odd man out A) Post and Telegraph services. B) Village administrative offices. C) Educational institute. D) Professional trainings. Show Answer Correct Answer: D) Professional trainings. 42. Despite having largest contribution in country's GDP, tertiary sector is unable to create enough employment opportunities because, A) Less jobs are created in tertiary sector. B) Low Urban population in India. C) Jobs in tertiary sector requires skill and expertise. D) All of the Above. Show Answer Correct Answer: C) Jobs in tertiary sector requires skill and expertise. 43. Fill in the blanks using the correct optionThe activities in primary, secondary and tertiary sectors are ..... A) Interdependent. B) Independent. Show Answer Correct Answer: A) Interdependent. 44. Choose the most appropriate answer.The sectors are classified into public and private sector on the basis of: A) Employment conditions. B) Ownership of enterprises. C) The nature of economic activity. D) Number of workers employed in the enterprise. Show Answer Correct Answer: B) Ownership of enterprises. 45. Give any two examples of primary activities? A) Animal rearing and lumbering. B) Making cars. C) Manufacturing off chair. D) None of the above. Show Answer Correct Answer: A) Animal rearing and lumbering. 46. If in a country primary activity is the most important economic activity then the country is likely to be A) Developed. B) Developing. C) Under developed. D) None of the above. Show Answer Correct Answer: C) Under developed. 47. Which one is the unorganized activity? A) A teacher taking class in a school. B) A farmer irrigating his field. C) A doctor in a hospital treating a patient. D) A factory worker going to work in a big factory. Show Answer Correct Answer: B) A farmer irrigating his field. 48. Group of sectors on the basis of ownership A) Primary, secondary and tertiary sectors. B) Public and private sectors. C) Organised and unorganised sectors. D) None of above. Show Answer Correct Answer: B) Public and private sectors. 49. Those activities, by themselves, do not produce a good but they are an aid or support for the production process, are called ..... A) Private. B) Industrial. C) Tertiary. D) Primary. Show Answer Correct Answer: C) Tertiary. 50. The 2nd shift in the sector's imporatance was A) Primary to secondary. B) Secondary to tertiary. C) Tertiary to secondary. D) None of above. Show Answer Correct Answer: B) Secondary to tertiary. 51. Human Development Index is not related to ..... A) Education. B) Gross Domestic Product. C) Per Capita Income. D) Life Expectancy. Show Answer Correct Answer: B) Gross Domestic Product. 52. Assertion:Leela works five days a week, receives her income on the last day of each month and gets medical facilities from her firm. Reason:Leela is working in organized sector. A) Both assertion & reason are true and reason is the correct explanation of assertion. B) Both assertion & reason are true but reason is not the correct explanation of assertion. C) Assertion is true but reason is false. D) Assertion is false but reason is true. E) Both assertion & reason are false. Show Answer Correct Answer: A) Both assertion & reason are true and reason is the correct explanation of assertion. 53. Which of the following is a public sector enterprise? A) TISCO. B) SAIL. C) Bajaj Auto. D) Reliance Industry. Show Answer Correct Answer: B) SAIL. 54. The sector in which the productive units are owned, maintained and managed by the government are known as which of the following? A) Public sector. B) Government sector. C) All of the above. D) None of the above. Show Answer Correct Answer: A) Public sector. 55. Primary sector is related to A) Agriculture. B) Dairy, forestry. C) Fishing, mining. D) All the above. Show Answer Correct Answer: D) All the above. 56. For how many days, MGNREGA give job A) 200 days per year. B) 30 days per month. C) 100 days per year. D) 365 days per year. Show Answer Correct Answer: C) 100 days per year. 57. Which of the following statement is not true? A) It is the duty of the government to take care of poorest and most ignored regions of the country. B) It is the duty of the government to support the farmers. C) It is the duty of the government to build dams, harbours, roads etc. D) It is the duty of the government to provide all the services free of cost to all the people of the country. Show Answer Correct Answer: D) It is the duty of the government to provide all the services free of cost to all the people of the country. 58. What is meant by GDP? A) Great Domestic Product. B) Great Development Project. C) Gross Domestic Product. D) Gross Dairy Product. Show Answer Correct Answer: C) Gross Domestic Product. 59. Choose the inCORRECT sentence from the following. A) In the public sector the government owns majority of the assets. B) Private sector is more profitable than the public sector. C) Artisans include Goldsmiths, spinner, farmers and plumbers. D) Protection and support of the unorganized sector is necessary for both economic and social development. Show Answer Correct Answer: C) Artisans include Goldsmiths, spinner, farmers and plumbers. 60. Life insurance is an activity of the A) Private Sector. B) Primary Sector. C) Tertiary Sector. D) Secondary Sector. Show Answer Correct Answer: C) Tertiary Sector. ← PreviousNext →Related QuizzesIndian Economy QuizzesGeneral Knowledge QuizzesSectors Of The Indian Economy Quiz 1Sectors Of The Indian Economy Quiz 3Sectors Of The Indian Economy Quiz 4Sectors Of The Indian Economy Quiz 5Sectors Of The Indian Economy Quiz 6Sectors Of The Indian Economy Quiz 7Currency And Inflation QuizLifelines Of Indian Economy Quiz 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books