Economics ยท General Awareness
Economic Sectors and Infrastructure
1,785 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
In many societies, men are primarily responsible for which economic activity?
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Trading
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Mining
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Construction
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Fishing
A
Correct answer
Explanation
In many traditional societies, men have been primarily responsible for trading activities, such as long-distance trade and the exchange of goods.
In some cultures, women are often involved in which economic activity?
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Construction
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Mining
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Fishing
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Animal Husbandry
C
Correct answer
Explanation
In some cultures, women have traditionally been involved in fishing activities, such as catching fish and processing seafood.
Which sector of the economy is typically most affected by natural disasters?
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Agriculture
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Manufacturing
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Services
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Construction
A
Correct answer
Explanation
Agriculture is typically the sector of the economy most affected by natural disasters, as crops and livestock can be easily damaged or destroyed. Natural disasters can also disrupt the transportation and distribution of food, leading to shortages and price increases.
Which sector of the economy is typically most affected by environmental catastrophes?
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Tourism
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Fishing
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Agriculture
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Manufacturing
A
Correct answer
Explanation
Tourism is typically the sector of the economy most affected by environmental catastrophes, as tourists are often reluctant to visit areas that have been affected by a disaster. This can lead to a loss of revenue and jobs in the tourism industry.
What is the main economic activity in the Arctic?
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Oil and gas extraction
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Mining
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Fishing
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Tourism
A
Correct answer
Explanation
The main economic activity in the Arctic is oil and gas extraction.
What was the main economic activity of the Pecos River Valley in the early 20th century?
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Mining
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Farming
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Ranching
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Oil production
D
Correct answer
Explanation
The main economic activity of the Pecos River Valley in the early 20th century was oil production.
What is the main economic activity of the Pecos River Valley today?
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Mining
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Farming
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Ranching
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Tourism
D
Correct answer
Explanation
The main economic activity of the Pecos River Valley today is tourism.
Which of the following is NOT a key stakeholder in the tourism industry in India?
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Government
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Private sector
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Local communities
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Tourists
D
Correct answer
Explanation
Government, private sector, and local communities are all key stakeholders in the tourism industry in India, while tourists are not.
Which of the following is NOT a major responsibility of the private sector in promoting tourism in India?
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Investing in tourism infrastructure
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Developing tourism products and services
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Marketing India as a tourist destination
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Providing financial assistance to tourists
D
Correct answer
Explanation
Investing in tourism infrastructure, developing tourism products and services, and marketing India as a tourist destination are all major responsibilities of the private sector in promoting tourism in India, while providing financial assistance to tourists is not.
Which sector of the transportation industry is the largest employer in India?
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Roadways
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Railways
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Airways
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Waterways
A
Correct answer
Explanation
The roadways sector, which includes trucking and bus transportation, is the largest employer in the transportation industry in India, employing millions of people.
How has the availability of energy resources influenced the location of industries in India?
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Industries have been concentrated in areas with abundant energy resources.
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Industries have been dispersed to avoid over-reliance on a single energy source.
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Industries have been located near major transportation hubs.
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Industries have been located in areas with a large labor force.
A
Correct answer
Explanation
The availability of energy resources has been a major factor in determining the location of industries in India, with industries tending to concentrate in areas with abundant energy resources.
What is the primary economic activity in most rural areas?
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Manufacturing
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Tourism
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Agriculture
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Mining
C
Correct answer
Explanation
Agriculture is the primary economic activity in most rural areas, providing employment and income for a large portion of the population.
Which sector typically has the highest labor productivity?
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Agriculture
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Manufacturing
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Services
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Construction
C
Correct answer
Explanation
The services sector, which includes industries such as finance, healthcare, and education, generally has higher labor productivity compared to other sectors.
What is the main assumption of Weber's Theory of Industrial Location?
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Firms aim to minimize transportation costs
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Firms aim to maximize profits
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Firms are perfectly competitive
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All of the above
A
Correct answer
Explanation
Weber's Theory of Industrial Location assumes that firms aim to minimize transportation costs when choosing their location.
Which of the following is NOT a sector covered under the Skill India Mission?
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Manufacturing
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Construction
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Retail
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Agriculture
D
Correct answer
Explanation
Agriculture is not a sector covered under the Skill India Mission, which focuses on skill development in industry-relevant sectors.