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Sectors Of The Indian Economy Quiz 8 (25 MCQs)

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1. NREGA (National Rural Employment Guarantee Act of 2005) has guaranteed _____ days of employment in a year in many districts of India
2. Who among the following fall under the organized sector?
3. Name the sector of the economy that does not produce any goods
4. Cotton is a _____ product and cloth is a _____ product.
5. Assertion:Rakesh is an educated and skill worker, who earns monthly high income salary as he is employed in private bank.Reason:All service sector in India are growing equally well and all the individual in this sector earns a high income
6. IN THE DATA GIVEN BY GDP, WHICH WAS THE MOST PRODUCTIVE SECTOR IN 1974?
7. In the data given of GDP which was the most productive sector in 2013-14?
8. On which of the following basis, the sectors are classified into public and private sector?
9. Life Insurance is an activity of the _____
10. Assertion:If enough jobs are created in secondary and tertiary sectors, it would lead to better economic development of the country. Reason:This would reduce underemployment in the primary sector and value potential of human resource.
11. Assertion:In India, over the forty years between 1973-74 and 2013-14, while production in all three sectors has increased, it has increased the most in the primary sector. Reason:Primary sector is the only organized sector in the economy so the government spends a lot of money for creating jobs in the tertiary.
12. Information and communication technology is associated with
13. In the data given of GDP which was the least productive sector in 2013-2014?
14. In India, the mammoth task of measuring GDP is undertaken by
15. Conversion of raw material into finished products is an activity of
16. People engaged in secondary activities are called
17. Which of the following is not a method to increase income of the state?
18. Since transportation and communication provide services, they are called secondary services.
19. GDP is the sum of the value of _____ goods and services produced in a particular year by all the three sectors
20. 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.
21. Economic activities are highly _____
22. Assertion:In India, over the forty years between 1972-74 and 2013-14, while production in all three sectors has decreased, it has increased the most in the primary sector.Reason:Tertiary sector is the only organized sector in the economy so the government spends a lot of money for creating jobs in the tertiary sector.
23. Which occupation belongs to the primary sector?
24. Which sector is characterized by small and scattered units which are largely outside thecontrol of the government?
25. GDP stands for Gross Domestic Product What does it show? Pick up the correct statement given below:
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