Sectors of the Indian Economy MCQ Quiz

30 questions

1. What is the primary sector?

   1. It provides services supporting production and life
   2. Activities using natural resources directly
   3. Providing goods and services with public welfare objectives
   4. It creates broad social benefits

2. What is the secondary sector?

   1. Manufacturing and processing
   2. Employment is labour use; production is output
   3. Activities using natural resources directly
   4. Fishing

3. What is the tertiary sector?

   1. Services
   2. Government-owned or controlled enterprise
   3. Privately owned enterprise
   4. Protection against arbitrary job loss and defined benefits

4. Give an example of primary activity.

   1. Fishing
   2. Sector with less formal regulation and security
   3. Manufacturing and processing
   4. Agriculture

5. Give an example of secondary activity.

   1. Steel manufacturing
   2. Manufacturing and processing
   3. Changing importance of sectors over time
   4. It creates broad social benefits

6. Give an example of tertiary activity.

   1. Government-owned or controlled enterprise
   2. To avoid double counting
   3. Sector with less formal regulation and security
   4. Banking

7. What is GDP?

   1. For broad social needs
   2. To avoid double counting
   3. Value of final goods and services produced in a year
   4. Banking

8. Why count only final goods?

   1. It provides services supporting production and life
   2. Value of final goods and services produced in a year
   3. Fishing
   4. To avoid double counting

9. What is organised sector?

   1. Sector with formal regulation and conditions
   2. Yes
   3. Sector with less formal regulation and security
   4. Agriculture

10. What is unorganised sector?

    1. To distinguish public and private sectors
    2. Fishing
    3. Sector with less formal regulation and security
    4. They may lack security and benefits

11. What is disguised unemployment?

    1. It provides services supporting production and life
    2. Steel manufacturing
    3. More workers than necessary for output
    4. Employment is labour use; production is output

12. Where is disguised unemployment common?

    1. Banking
    2. Agriculture
    3. Value of final goods and services produced in a year
    4. Sector with less formal regulation and security

13. What is underemployment?

    1. Steel manufacturing
    2. Labour not fully utilised
    3. Fishing
    4. Tertiary sector

14. Why is tertiary sector important?

    1. It provides services supporting production and life
    2. Sector with less formal regulation and security
    3. Yes
    4. Rising demand for services

15. Why has tertiary sector grown?

    1. Manufacturing and processing
    2. Rising demand for services
    3. Sector with less formal regulation and security
    4. To avoid double counting

16. What is a public sector enterprise?

    1. Government-owned or controlled enterprise
    2. To avoid double counting
    3. Tertiary sector
    4. Providing goods and services with public welfare objectives

17. What is a private sector enterprise?

    1. Privately owned enterprise
    2. Protection against arbitrary job loss and defined benefits
    3. To distinguish public and private sectors
    4. More workers than necessary for output

18. Why does government provide public services?

    1. Yes
    2. For broad social needs
    3. Sector with formal regulation and conditions
    4. More workers than necessary for output

19. What is employment security?

    1. Agriculture
    2. More workers than necessary for output
    3. Protection against arbitrary job loss and defined benefits
    4. Sector with formal regulation and conditions

20. What is formal employment?

    1. Services
    2. Labour not fully utilised
    3. Registered work with defined conditions
    4. Legal guarantee of rural wage employment

21. Why protect unorganised workers?

    1. Privately owned enterprise
    2. Yes
    3. They may lack security and benefits
    4. It provides services supporting production and life

22. What is MGNREGA?

    1. Manufacturing and processing
    2. To analyse output and employment
    3. Legal guarantee of rural wage employment
    4. To avoid double counting

23. What is the service sector also called?

    1. Yes
    2. Fishing
    3. Tertiary sector
    4. Agriculture

24. Why classify economic activities into sectors?

    1. Activities using natural resources directly
    2. To analyse output and employment
    3. Employment is labour use; production is output
    4. To distinguish public and private sectors

25. What is structural change?

    1. Changing importance of sectors over time
    2. Labour not fully utilised
    3. Value of final goods and services produced in a year
    4. Government-owned or controlled enterprise

26. Can GDP rise without many new jobs?

    1. Tertiary sector
    2. Protection against arbitrary job loss and defined benefits
    3. Yes
    4. For broad social needs

27. What is the difference between employment and production?

    1. Services
    2. Privately owned enterprise
    3. Steel manufacturing
    4. Employment is labour use; production is output

28. Why is public infrastructure important?

    1. Tertiary sector
    2. Protection against arbitrary job loss and defined benefits
    3. It creates broad social benefits
    4. Sector with less formal regulation and security

29. Why classify by ownership?

    1. Sector with less formal regulation and security
    2. Sector with formal regulation and conditions
    3. To distinguish public and private sectors
    4. They may lack security and benefits

30. What is the public sector mainly concerned with?

    1. To distinguish public and private sectors
    2. Activities using natural resources directly
    3. Providing goods and services with public welfare objectives
    4. Services

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