This quiz works best with JavaScript enabled. Home > General Knowledge > Indian Economy > Basics > Sectors Of The Indian Economy – Quiz 7 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Sectors Of The Indian Economy Quiz 7 (24 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Like any other commodity, the price of currency depends upon A) Demand. B) Supply. C) Both. D) None. Show Answer Correct Answer: C) Both. 2. In recent times secondary sector shows a growth by 9 times and tertiary sector by 14 times but in case of employment A) Secondary sector grew by 5 times and tertiary sector by 3 times. B) Tertiary sector 5 times and secondary sector by 3 times. C) Secondary sector 5 times and tertiary sector 5 times. D) None of above. Show Answer Correct Answer: A) Secondary sector grew by 5 times and tertiary sector by 3 times. 3. Assertion:The development of agriculture and industry leads to the development of service sector. Reason:As the primary and secondary sectors develops, the demand for transport, storage structures, banks, insurance, etc., increases. 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: A) Both assertion & reason are true & reason is the correct explanation of assertion. 4. Which collar workers are included in the Primary sector? A) White collar workers. B) Blue collar workers. C) Red collar workers. D) None of above. Show Answer Correct Answer: C) Red collar workers. 5. Production of a commodity through exploitation of natural resources is an activity in the A) Primary sector. B) Secondary sector. C) Tertiary sector. D) Information Technology sector. Show Answer Correct Answer: A) Primary sector. 6. Which of the following occupations cannot be included in tertiary sector? A) Transporter. B) Basket weaver. C) Courier. D) Call center employee. Show Answer Correct Answer: B) Basket weaver. 7. The workers which work in the secondary sector are known as? A) Pink collar workers. B) White collar workers. C) Blue collar workers. D) None of above. Show Answer Correct Answer: C) Blue collar workers. 8. The share of the private sector in India's GDP presently has been estimated at about A) 75 percent. B) 45 percent. C) 30 percent. D) 85 percent. Show Answer Correct Answer: A) 75 percent. 9. Under which economic sector does the production of a commodity through the natural process come? A) Primary sector. B) Industrial sector. C) Tertiary sector. D) None of above. Show Answer Correct Answer: A) Primary sector. 10. What does a private limited company aim to do? A) Maximise profits. B) To promote awareness of "good causes". Show Answer Correct Answer: A) Maximise profits. 11. Which of the following brings a rapid increase in the national income of the country A) Business growth. B) Industrial Policy. C) Industrial Revolution. D) Industrial growth. Show Answer Correct Answer: D) Industrial growth. 12. A study by ..... estimates that nearly 20 lakh jobs can be created in the education sector alone.Which government body gave this report? A) ASI. B) Planning Commission. C) Mandal Commission. D) Ministry of Communication. Show Answer Correct Answer: B) Planning Commission. 13. Which sector of the economy in India bears most of the workforce? A) Tertiary Sector. B) Primary Sector. C) Secondary Sector. D) All of the above. Show Answer Correct Answer: B) Primary Sector. 14. Greater the development of the primary and secondary sectors, ..... A) More. B) Uneven. C) Equal. D) Less. Show Answer Correct Answer: A) More. 15. CHOOSE ONE CORRECT STATEMENT FROM THE FOLLOING:UNEMPLOYMENT OCCURS- A) WHEN PEOPLE ARE NOT WILLING TO WORK. B) WHEN PEOPLE ARE NOT PAID OR THEIR JOBS. C) WHEN PEOPLE ARE WORKING SLOWLY. D) WHEN PEOPLE ARE WORKING LESS THAN WHAT THEY ARE CAPABLE OF DOING. Show Answer Correct Answer: D) WHEN PEOPLE ARE WORKING LESS THAN WHAT THEY ARE CAPABLE OF DOING. 16. A labourer working under a contractor, is in which type of sector? A) Public sector. B) Unorganised sector. C) Service sector. D) None of these. Show Answer Correct Answer: B) Unorganised sector. 17. Not every good (or service) that is produced and sold needs to be counted It makes sense only to include the ..... to get the total production? A) Values of goods and services in production. B) Final goods and services. C) Adding up the actual numbers of goods. D) Goods and services in the three sectors. Show Answer Correct Answer: B) Final goods and services. 18. Planning Commission of India is known as NITI Ayog who estimated nearly 20 lakh jobs can be created in the education sector alone. A) True. B) False. Show Answer Correct Answer: A) True. 19. Is there equal distribution of jobs in the tertiary sector? A) Maybe. B) Yes. C) No. D) Either (A) or (B). Show Answer Correct Answer: C) No. 20. Economic Survey is published by the- A) Ministry of Finance. B) Ministry of Commerce & Trade. C) Ministry of Statistics. D) National Sample Survey Organisation. Show Answer Correct Answer: A) Ministry of Finance. 21. Name the sector that help in the development of the primary and secondary sectors. A) Tertiary sector. B) Primary sector. C) Industrial sector. D) None of above. Show Answer Correct Answer: A) Tertiary sector. 22. Protection and support of unorganised sector is needed for the ..... development of the people A) Economic. B) Economic and Social. C) Social. D) Mental. Show Answer Correct Answer: B) Economic and Social. 23. What does the Organised sector include? A) Fixed income, Fixed work time, Fixed formal agreement. B) Less income, Fixed work time, Fixed formal agreement. C) Fixed income, Fixed work time, No formal agreement. D) None of above. Show Answer Correct Answer: A) Fixed income, Fixed work time, Fixed formal agreement. 24. Which of the following person works in the unorganised sector in the country? A) An engineer in Maruti Suzuki Ltd. B) A manager of a Nationalised Bank. C) A domestic helper in a rich family. D) A teacher employed in a govt. school. Show Answer Correct Answer: C) A domestic helper in a rich family. ← PreviousRelated QuizzesIndian Economy QuizzesGeneral Knowledge QuizzesSectors Of The Indian Economy Quiz 1Sectors Of The Indian Economy Quiz 2Sectors Of The Indian Economy Quiz 3Sectors Of The Indian Economy Quiz 4Sectors Of The Indian Economy Quiz 5Sectors Of The Indian Economy Quiz 6Currency And Inflation QuizLifelines Of Indian Economy Quiz 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books