This quiz works best with JavaScript enabled. Home > Indian Economy > Basics > Sectors Of The Indian Economy – Quiz 13 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Sectors Of The Indian Economy Quiz 13 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. GDP is the sum of the value of ..... goods and services produced in a particular year by all the three sectors A) Primary. B) Secondary. C) Tertiary. D) Final. Show Answer Correct Answer: D) Final. 2. 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 & 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. 3. Economic activities are highly ..... A) Producing. B) Independent. C) Interdependent. D) Wasteful. Show Answer Correct Answer: C) Interdependent. 4. 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. A) Assertion and Reason are true and Reason is the incorrect explanation of the Assertion. B) Assertion and Reason are true and Reason is the correct explanation of the Assertion. C) Both Assertion and Reason are false. D) Assertion is true but Reason is false. E) Assertion is false but Reason is true. Show Answer Correct Answer: C) Both Assertion and Reason are false. 5. Which occupation belongs to the primary sector? A) Teaching. B) Fishing. C) Iron and steel industry. D) None of above. Show Answer Correct Answer: B) Fishing. 6. Which sector is characterized by small and scattered units which are largely outside thecontrol of the government? A) Joint sector. B) Unorganized sector. C) Private sector. D) Organized sector. Show Answer Correct Answer: B) Unorganized sector. 7. GDP stands for Gross Domestic Product What does it show? Pick up the correct statement given below: A) It shows how big is the economy of a country in a given year in terms of its total output. B) It shows what the total product of a country in a given year without counting the country's total resources. C) It shows the number of people involved in production in a particular year. D) It shows the total value of trade trans-actions of a country in a particular year. Show Answer Correct Answer: A) It shows how big is the economy of a country in a given year in terms of its total output. 8. Other name of underemployment A) Disguised unemployment. B) Hidden unemployment. C) Over employment. D) Both a and b. Show Answer Correct Answer: D) Both a and b. 9. Choose the meaning of organised sector: A) It covers those enterprises where the terms of employment are regular. B) It is outside the control of the government. C) Jobs are not regular. D) It provides low salaries. Show Answer Correct Answer: A) It covers those enterprises where the terms of employment are regular. 10. In urban areas, unorganised sector comprises mainly of ..... A) Sharecroppers. B) Share market people. C) Landless farmers. D) Workers in small scale industries. Show Answer Correct Answer: D) Workers in small scale industries. 11. Primary sector is also known as A) Agricultural sector. B) Industrial sector. C) Service sector. D) Commercial sector. Show Answer Correct Answer: A) Agricultural sector. 12. The allownce given to the person who didnt get job under MGNREGA A) Employment allownancs. B) Unemployment allowances. C) Job allowances. D) None of above. Show Answer Correct Answer: B) Unemployment allowances. 13. How many sectors of economy are there? A) 3. B) 4. C) 2. D) None of above. Show Answer Correct Answer: A) 3. 14. How do big private companies contribute to the development of a nation? A) By increasing the demands for their products through advertisements. B) By increasing their profits. C) By increasing productivity of the country in the manufacturing of industrial goods. D) By providing private hospital facilities for the rich. Show Answer Correct Answer: C) By increasing productivity of the country in the manufacturing of industrial goods. 15. GDP is the total value of ..... produced during a particular year. A) All goods and services. B) All final goods and services. C) All intermediate goods and services. D) All intermediate and final goods and services. Show Answer Correct Answer: B) All final goods and services. 16. The goods and services that finally reach the consumers are called ..... A) Intermediate goods. B) Final goods. C) Primary products. D) None of above. Show Answer Correct Answer: B) Final goods. 17. In India GDP is a ..... task that is taken up by ..... A) Enormous, Supreme Court. B) Mammoth, Central Govt. C) Huge, State Govt. D) Large, Central Govt. Show Answer Correct Answer: B) Mammoth, Central Govt. 18. Which of the following is a necessary condition for sustainable development? A) Increase in the quality of life. B) Reduction in the level of pollution. C) Conservation of stock of natural capital. D) All of these. Show Answer Correct Answer: D) All of these. 19. Disguised unemployment can be observed in A) Rural area. B) Urban area. C) In both the areas. D) None of these. Show Answer Correct Answer: A) Rural area. 20. Find the odd one out and say why. A) Postman. B) Cobbler. C) Soldier. D) Police constable. Show Answer Correct Answer: B) Cobbler. ← PreviousNext →Related QuizzesIndian Economy 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 6Sectors Of The Indian Economy Quiz 7Sectors Of The Indian Economy Quiz 8Sectors Of The Indian Economy Quiz 9 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books