This quiz works best with JavaScript enabled. Home > Indian Economy > Sectors Of The Indian Economy – Quiz 3 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Sectors Of The Indian Economy Quiz 3 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Assertion:Reliance industries is a privately-owned firm.Reason:Government is a major stakeholder is reliance industries. 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: C) Assertion is true but reason is false. 2. Why did the Secondary sector later become the most important sector? A) 1. People began to use many more goods that were produced in factories at cheap rates. B) 2.Employment increased. C) 3.Agriculture declined. D) 4.both 1 and 2. Show Answer Correct Answer: D) 4.both 1 and 2. 3. When the skills of a labour force are not utilized to their full capacity it is known as A) Employment. B) Labour Effort. C) Seasonal Unemployment. D) Underemployment. Show Answer Correct Answer: D) Underemployment. 4. The workers involved in the tertiary sector jobs are known as? A) Purple collar workers. B) White Collar workers. C) Black collar workers. D) None of above. Show Answer Correct Answer: B) White Collar workers. 5. Which sector has replaced the ..... sector and became the largest producing sector ..... ? A) Primary, secondary. B) Secondary, tertiary. C) Tertiary, primary. D) Primary, tertiary. Show Answer Correct Answer: C) Tertiary, primary. 6. 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:In GDP, the value of only final goods and services is considered. 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: D) Assertion is false but reason is true. 7. Using sugarcane as raw material, we make sugar or gur, under what sector does this activity come? A) Primary. B) Private. C) Industrial. D) Tertiary. Show Answer Correct Answer: A) Primary. 8. A MAN WORKS AT RESTAURANT ON A CONTRACT BASIS AN GETS MEAGRE SALARY AFTER WORKING THE ENTIRE DAY. HE DOESN'T GET ANY HOLIDAYS OR PAID LEAVES, RATHER HIS EMPLOYER DEDUCTS HIS SALARY WHENEVER HE IS ABSENT FROM HIS WORK. FIND OUT IN WHICH OF THE FOLLOWING SECTORS HE IS WORKING? A) PRIMARY SECTOR. B) ORGANIZED SECTOR. C) UNORGANIZED SECTOR. D) SERVICE SECTOR. Show Answer Correct Answer: C) UNORGANIZED SECTOR. 9. 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. 10. "Access by all people at all times to enough food for an active, healthy life " is the definition of A) Company Security. B) Social Security. C) Customer Security. D) Food Security. Show Answer Correct Answer: D) Food Security. 11. Fill in the blanks using the correct optionCloth is a ..... product. A) Natural. B) Manufactured. Show Answer Correct Answer: B) Manufactured. 12. 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. 13. More than ..... percent population of India ia engaged in agricultural sector A) 60. B) 70. C) 50. D) 40. Show Answer Correct Answer: C) 50. 14. 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. 15. 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. 16. Which of the following is not included in tertiary sector? A) ATM. B) Internet cafe. C) Industries. D) All of them. Show Answer Correct Answer: C) Industries. 17. 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) Involved machines. C) Natural products. D) Mixed products. Show Answer Correct Answer: C) Natural products. 18. 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. 19. A teacher teaching in a school is working in which sector? A) Organised sector. B) Primary sector. C) Secondary sector. D) Unorganised sector. Show Answer Correct Answer: A) Organised sector. 20. When was MGNREGA launched A) 2005. B) 2003. C) 2004. D) 1950. Show Answer Correct Answer: A) 2005. ← PreviousNext →Related QuizzesSectors Of The Indian Economy Quiz 1Sectors Of The Indian Economy Quiz 2Sectors 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 9Sectors Of The Indian Economy Quiz 10Sectors Of The Indian Economy Quiz 11 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books