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

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.

Multiple choice

Which of the following factors affects the foreign exchange earnings from agriculture?

  1. Production levels

  2. Demand for agricultural products

  3. Prices of agricultural products

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

Foreign exchange earnings from agriculture are influenced by a combination of factors, including production levels, demand for agricultural products, and prices of agricultural products.

Multiple choice

What is the role of the private sector in addressing urban-rural migration in India?

  1. To create employment opportunities in rural areas

  2. To invest in rural infrastructure

  3. To provide social services in rural areas

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

The private sector can play a significant role in addressing urban-rural migration in India by creating employment opportunities in rural areas, investing in rural infrastructure, and providing social services in rural areas.

Multiple choice

Which of the following is the main export of India?

  1. Textiles

  2. Petroleum

  3. Machinery

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

Textiles are the main export of India, accounting for over 10% of the country's total exports.

Multiple choice

Which of the following is the main import of India?

  1. Machinery

  2. Petroleum

  3. Chemicals

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

Petroleum is the main import of India, accounting for over 20% of the country's total imports.

Multiple choice

Which of these is NOT a primary sector occupation?

  1. Farming

  2. Mining

  3. Manufacturing

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

Manufacturing is a secondary sector occupation, while farming, mining, and fishing are all primary sector occupations.

Multiple choice

Which of these is NOT a type of service industry job?

  1. Retail worker

  2. Waiter/waitress

  3. Hotel clerk

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

Factory workers are typically considered manufacturing workers, while retail workers, waiters/waitresses, and hotel clerks are all service industry workers.