Economics · 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

The largest industry in India is

  1. textiles industry

  2. steel industry

  3. cement industry

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

The textile industry is one of the oldest and largest industries in India, contributing significantly to industrial production, employment, and export earnings.

Multiple choice

Ferozabad in UP is famous for its

  1. leather industry

  2. glass industry

  3. rubber industry

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

Ferozabad is widely known as the glass city of India, famous for its glass bangles and glassware industry.

Multiple choice

Which of the following is not the function of the Municipal Corporations?

  1. Maintenance of health and sanitation

  2. Registration of birth and death

  3. Disposal of the civil disputes

  4. Providing primary education
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Municipal Corporations are responsible for public services like sanitation, registration of vital statistics, and primary education. Civil disputes are handled by the judiciary, not municipal bodies.

Multiple choice

In an important meeting of the National Development Council held in New Delhi the Prime Minister of India made a special mention of a particular sector of Indian economy which in his opinion was suffering from a Technological Fatigue for lack of break through in production. He was talking of which of the following sectors?

  1. Agriculture Sector

  2. Oil Sector

  3. Service Sector

  4. Defence Sector

  5. None of these
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

In 2007, the Prime Minister of India expressed concern regarding 'technological fatigue' in the agricultural sector, emphasizing the need for new breakthroughs in production.

Multiple choice

Consider the following Companies/Corporations:

  1. Engineers India Ltd.
  2. Kudremukh Iron Ore Company Ltd.
  3. Rural Electrification Corporation
  4. Water and Power Consultancy Services Which of these are Public Sector Undertakings?

  1. 1, 2 and 3

  2. 1 and 4

  3. 2, 3 and 4

  4. 1, 2, 3 and 4
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

All four listed entities (Engineers India Ltd, Kudremukh Iron Ore Company Ltd, Rural Electrification Corporation, and Water and Power Consultancy Services) are recognized Public Sector Undertakings (PSUs) in India.

Multiple choice

The top leading export items from India is

  1. Gems & Jewellary

  2. Engineering goods

  3. Textiles

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

Historically, gems and jewelry have been one of India's top export items. While engineering goods have gained significant share in recent years, gems and jewelry remained a dominant export category for a long period.

Multiple choice

'Arcelor' is a major firm making

  1. cement

  2. paper

  3. electronic gadgets

  4. drugs

  5. steel
Reveal answer Fill a bubble to check yourself
E Correct answer
Explanation

Arcelor was a major European steel manufacturing company that later merged with Mittal Steel to form ArcelorMittal.

Multiple choice

Max New York Life is particularly keen to provide medical insurance coverage to which of the following sectors in Assam?

  1. Workers engaged in the tea gardens of Assam

  2. Workers engaged in the construction industry at Assam

  3. Workers engaged in the unorganized sectors at Assam

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

Max New York Life focused on the tea garden workers in Assam, as they represent a large, organized, yet underserved workforce in the region.

Multiple choice

Optic fibers are mainly used in

  1. communication

  2. food industry

  3. weaving

  4. none of these
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Optical fibers use light to transmit data over long distances, making them the backbone of modern telecommunications and internet infrastructure.