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

Which industry spends the most money on lobbying?

  1. Pharmaceuticals

  2. Oil and gas

  3. Insurance

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

The pharmaceutical industry spends the most money on lobbying, followed by the oil and gas industry and the insurance industry.

Multiple choice

Which of the following was not a major economic activity in ancient China?

  1. Agriculture

  2. Trade

  3. Manufacturing

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

Navigation was not a major economic activity in ancient China because the region lacked access to major sea routes.

Multiple choice

Which industry sector typically consumes the largest share of industrial energy?

  1. Manufacturing

  2. Transportation

  3. Mining

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

Manufacturing industries, such as steel, cement, and chemicals, are major consumers of industrial energy due to their energy-intensive production processes.

Multiple choice

Which of the following is NOT a common energy-intensive industry?

  1. Steel

  2. Cement

  3. Textiles

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

Pharmaceuticals is not typically considered an energy-intensive industry compared to sectors like steel, cement, and textiles.

Multiple choice

Which sector contributes the most to India's Gross Domestic Product (GDP)?

  1. Agriculture

  2. Industry

  3. Services
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The services sector is the largest contributor to India's GDP, accounting for over 50% of the total output.

Multiple choice

Which economic sector is heavily reliant on the production and utilization of knowledge?

  1. Manufacturing

  2. Agriculture

  3. Services

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

The services sector, which includes industries such as information technology, finance, and healthcare, is heavily dependent on the production and utilization of knowledge.

Multiple choice

Which sector has witnessed a significant increase in women's employment post-economic reforms in India?

  1. Agriculture

  2. Manufacturing

  3. Services

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

The services sector has witnessed a significant increase in women's employment post-economic reforms in India, due to the growth of industries such as IT, healthcare, and education.

Multiple choice

What are the main types of rural industries?

  1. Agriculture and allied activities.

  2. Manufacturing and processing industries.

  3. Service industries.

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

Rural industries encompass a wide range of activities, including agriculture and allied activities, manufacturing and processing industries, and service industries.

Multiple choice

Which provisioning service is essential for the production of paper and wood products?

  1. Timber for construction

  2. Water for irrigation

  3. Minerals for mining

  4. Non-timber forest products
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Timber for construction is a provisioning service that provides wood from trees for the production of paper and wood products. These products include lumber, plywood, and paper, which are essential for various industries and construction projects.

Multiple choice

Which sector has emerged as the largest employer in India?

  1. Agriculture

  2. Manufacturing

  3. Services

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

The services sector has emerged as the largest employer in India, contributing over 50% of the country's GDP and employing over 60% of the workforce.

Multiple choice

Which sub-sector of the services sector has witnessed the most rapid growth in recent years?

  1. Financial services

  2. Information technology

  3. Retail and wholesale trade

  4. Transportation and logistics
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The information technology sub-sector has witnessed the most rapid growth in recent years, driven by the increasing adoption of digital technologies across various industries.

Multiple choice

Which segment of the labor market typically has the highest wages and job security?

  1. Primary Sector

  2. Secondary Sector

  3. Tertiary Sector

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

The primary sector, which includes industries such as agriculture, mining, and construction, typically offers higher wages and job security compared to other sectors.

Multiple choice

What is the main characteristic of the secondary sector in labor market segmentation?

  1. High-Skilled Labor

  2. Low-Skilled Labor

  3. Routine Tasks

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

The secondary sector, which includes manufacturing and assembly industries, is characterized by routine tasks and standardized production processes.

Multiple choice

Which sector has witnessed the highest growth in exports under the Make in India campaign?

  1. Automobile

  2. Pharmaceuticals

  3. Electronics

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

The pharmaceuticals sector has witnessed the highest growth in exports under the Make in India campaign, followed by the automobile and electronics sectors.

Multiple choice

What is the primary factor responsible for the growth of the tourism industry in India?

  1. Historical Monuments

  2. Natural Beauty

  3. Cultural Heritage

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

India's rich cultural heritage, including historical monuments, diverse traditions, and festivals, is a major attraction for tourists from around the world.