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 business organisation and correspondence employment opportunities in commerce meaning and essential elements of retail trade employment opportunities in insurance sector and capital market middlemen 2 - retailer

Which type of traders mainly deals with the agricultural products?

  1. Itinerant Retailers

  2. Fixed shop retailers

  3. Small-size retail shop

  4. Large scale retailing institutions
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Itinerant retailers, such as hawkers and peddlers, often deal in perishable items like agricultural products, moving from place to place to reach consumers.

Multiple choice commercial applications environment in its totality alternatives for minimising depletion of natural resources components of environment effects and successes of environment conservation

Which of the following is not a tertiary activity?

  1. Transport

  2. Tourism

  3. Manufacturing

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

Tertiary activities are service-based industries. Manufacturing is a secondary activity because it involves the transformation of raw materials into finished goods.

Multiple choice geography mineral resources and industrialisation the concept of development distribution and classification of industries in india mineral resources in rajasthan

Which of the following group of industries belongs to sunrise industries ?

  1. I.T, Knowledge, Aircraft, Ship building

  2. Ship building, Healthcare, I.T, Synthetic fibre

  3. I.T, Knowledge, Aircraft, Hospitality

  4. Knowledge, Aircraft, Hospitality, I.T
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

This group of industries belongs to the sunrise industries. A sunrise industry is a colloquial term for a sector or business that is in its infancy, but is growing at a rapid pace. (e.g. the telecom industry in mid-1990s) and is expected to be increasingly important in the future.
Sunrise industries generally have plenty of "buzz" surrounding them as public awareness about the sector increases and investors get attracted to its long term growth prospects.

Multiple choice organisation of commerce and management tertiary and quaternary economic activities trading and economic organisations india and her neighbours india and other countries

Which of the following is not one of the principal commodities exported by India?

  1. jute manufatures

  2. Leather goods

  3. Iron ore

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

While India exports jute, leather, and iron ore, paper is generally not considered one of the principal commodities exported by India in the context of these economic datasets.

Multiple choice organisation of commerce and management tertiary and quaternary economic activities trading and economic organisations india and her neighbours india and other countries

Which of the following is not one of the principal commodities imported by India?

  1. Transport equipment

  2. Medicines and pharmaceutical products

  3. Fertilizers

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

India imports significant amounts of transport equipment, medicines, and fertilizers, but tobacco is not a principal import commodity.

Multiple choice geography manufacturing industries in india - ii : mineral-based distribution of major industries automobile and electronic industries electronic, heavy and petrochemical industries in india

The enterprises like BHEL, GAIL, SAIL, etc., are known as _________.

  1. Public sector enterprises

  2. Joint sector enterprises

  3. Private sector enterprises

  4. Cooperative sector enterprises
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

  • A state enterprise in India is called a public sector enterprise. It should be owned by central or state or both the governments. To be a public sector enterprise majority of the stocks should be owned by government.
  • The enterprises like BHEL, GAIL, SAIL fall under public sector enterprise.

Multiple choice geography manufacturing industries in india - ii : mineral-based distribution of major industries automobile and electronic industries electronic, heavy and petrochemical industries in india

Which of the following was not an objective of the 1956 industrial policy?

  1. Develop heavy and machine making industries

  2. Expansion of public sector

  3. both a and b

  4. None of the above
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

National industrial policy was adopted by the government in April 1956 the main objective of this policy was to establish socialist pattern of society.

Among the given options namely development of heavy and machine making industries and expansion of public sector were included in the policy.

Multiple choice geography manufacturing industries in india - ii : mineral-based information technology industry automobile and electronic industries electronic, heavy and petrochemical industries in india

Which of the following examples falls under the classification of knowledge based industry ?

  1. Pharmaceutical and Medicine Manufacturing

  2. Commercial and Service Machinery Manufacturing

  3. Telephone Apparatus Manufacturing

  4. All of these
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation
Knowledge based industries are classified in all the above parts.
Information technology deals with the storage, processing and distribution of information. During the decade, the industry has gained global attention due to a series of political, technological and socioeconomic events. India is witnessing the emergence of information technology hubs in Bangalore, Mumbai, Hyderabad and Chennai.

The Silicon Valley and Bangalore both share many same aspects in the development of Information technology such as pleasant climate, skilled workforce, presence of high quality educational, technological and scientific centers and access to markets.
Multiple choice geography manufacturing industries in india - ii : mineral-based information technology industry automobile and electronic industries electronic, heavy and petrochemical industries in india

Which of the following industries helps in the manufacture of telephones computers, radars etc?

  1. Aluminium

  2. Information Technology

  3. Steel

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

The answer is D.

The consumer electronics industry manufactures and distributes everything from telephones, stereo components, televisions, alarm clocks, and calculators to digital cameras, video cameras, VCRs, and DVD and MP3 players-basically, everything we see when we go into an electronics store. 

Multiple choice geography manufacturing industries in india - ii : mineral-based information technology industry automobile and electronic industries electronic, heavy and petrochemical industries in india

The industries that manufactures telephone, computers, etc is _____________.

  1. Steel Industry.

  2. Aluminium Industry

  3. Electronic Industry

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

The industries that manufactures telephone, computers, etc is Information technology.