Economics ยท General Awareness

Economic Sectors and Infrastructure

1,725 Questions

This topic covers the classification of primary, secondary, and tertiary economic sectors, along with their infrastructure requirements. Questions often explore the impact of globalization, privatization, and technology on various industries. This material is frequently tested in SSC, state PSC, and UPSC examinations.

Primary and secondary sectorsBanking and service sectorPrivatization and economic reformsIndustrial growth and laborFive-Year Plans priorities

Economic Sectors and Infrastructure Questions

Multiple choice

How can industries and manufacturing sectors contribute to the development of agriculture and allied sectors?

  1. Investing in research and development for improved agricultural technologies

  2. Providing employment opportunities for rural communities

  3. Establishing partnerships with farmers for sustainable sourcing of raw materials

  4. Promoting corporate social responsibility initiatives to support agricultural communities
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Industries and manufacturing sectors can contribute to the development of agriculture and allied sectors by investing in research and development for improved agricultural technologies, providing employment opportunities for rural communities, and establishing partnerships with farmers for sustainable sourcing of raw materials.

Multiple choice

What is the primary focus of India's investment in Latin America?

  1. Manufacturing

  2. Agriculture

  3. Services

  4. Mining
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

India's investment in Latin America is primarily focused on the mining sector, particularly in countries like Chile and Peru.

Multiple choice

Which of the following is NOT a major export from India to Latin America?

  1. Pharmaceuticals

  2. Automobiles

  3. Textiles

  4. Machinery
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

While pharmaceuticals, textiles, and machinery are major exports from India to Latin America, automobiles are not a significant export item.

Multiple choice

What is India's main export to the United States?

  1. Textiles

  2. Gems and jewelry

  3. Pharmaceuticals

  4. Engineering goods
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

India's main export to the United States is textiles, which accounts for over 20% of India's total exports to the United States.

Multiple choice

What is India's main import from the United States?

  1. Machinery

  2. Chemicals

  3. Aircraft

  4. Fertilizers
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

India's main import from the United States is machinery, which accounts for over 25% of India's total imports from the United States.

Multiple choice

What is India's main export to the United Arab Emirates?

  1. Petroleum products

  2. Iron ore

  3. Textiles

  4. Gems and jewelry
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

India's main export to the United Arab Emirates is petroleum products, which accounts for over 30% of India's total exports to the United Arab Emirates.

Multiple choice

What is India's main export to Japan?

  1. Iron ore

  2. Textiles

  3. Seafood

  4. Machinery
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

India's main export to Japan is iron ore, which accounts for over 25% of India's total exports to Japan.

Multiple choice

What is India's main export to Germany?

  1. Textiles

  2. Gems and jewelry

  3. Pharmaceuticals

  4. Chemicals
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

India's main export to Germany is textiles, which accounts for over 20% of India's total exports to Germany.

Multiple choice

Which industry sector commonly utilizes robots for security and surveillance purposes?

  1. Retail and commercial

  2. Industrial and manufacturing

  3. Transportation and logistics

  4. All of the above
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Robots are commonly utilized for security and surveillance purposes in various industry sectors, including retail and commercial, industrial and manufacturing, and transportation and logistics.

Multiple choice

What are the main types of resource flows between countries?

  1. Goods and services

  2. Capital

  3. Labor

  4. All of the above
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Resource flows between countries can take the form of goods and services, capital, labor, or a combination of these.

Multiple choice

Which of the following is NOT an application of CIM?

  1. Automotive manufacturing

  2. Aerospace manufacturing

  3. Consumer electronics manufacturing

  4. Textile manufacturing
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Textile manufacturing is typically not considered an application of CIM due to its unique requirements and processes.

Multiple choice

Which sector typically attracts the highest FDI in developed countries?

  1. Manufacturing

  2. Services

  3. Agriculture

  4. Mining
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Services, such as finance, telecommunications, and business services, are the primary recipients of FDI in developed countries due to their high value-added nature.

Multiple choice

Which of the following is not a key area regulated by regulatory law in Bangladesh?

  1. Banking and finance

  2. Telecommunications

  3. Energy

  4. Agriculture
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Agriculture is not a key area regulated by regulatory law in Bangladesh.

Multiple choice

Value engineering is most commonly applied in which industries?

  1. Manufacturing

  2. Construction

  3. Healthcare

  4. All of the above
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Value engineering is widely used in various industries, including manufacturing, construction, healthcare, and many others, to optimize the value of products, services, and processes.

Multiple choice

What are some of the common industries in which casual employees are employed?

  1. Retail

  2. Hospitality

  3. Construction

  4. Agriculture
Reveal answer Fill a bubble to check yourself
Correct answer
Explanation

Casual employees are commonly employed in a variety of industries, including retail, hospitality, construction, and agriculture.