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 geography asia india and her neighbours india and other countries some neighbouring countries of india and its relationship with them

In the Amur Valley of the Russia _________ is the most important economic activity.

  1. Agriculture

  2. Animal rearing

  3. Mining

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

In the Amur Valley of the Russia Agriculture is the most important economic activity.

Much of the Amur basin lies in the taiga vegetation zone. Larch is the predominant species, particularly in boggy areas, with some pine, spruce, and fir on drier land. In the east are found the Korean pine (Pinus koraiensis) and the Amur cork tree (Phellodendron amurense). 
In the west the Argun River traverses a region of steppe grassland. In the Da and Xiao Hinggan ranges south of the Amur are found broad-leaved and mixed broad-leaved and conifer forests dominated by Mongolian oak (Quercus mongolica), pine, and daurian larch.

Multiple choice civics agriculture in india - i : introduction agricultural reforms indian agriculture problem and policies plantation of crops

Which one of the following industries boomed after the Green Revolution in India?

  1. Cement industry

  2. Fertilizer industry

  3. Automobile industry

  4. Sugar industry
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation
Fertilizer Industry
Fertilizers are substances that supply one or more of the chemicals required for plant growth. Fertilizers can be both organic and inorganic. As per industry experts it is said that there are sixteen elements that are absolutely necessary for plant growth. Out of these sixteen 9 elements are required in large quantities while the other seven are needed in smaller amounts.
Since agriculture is a very important sector it goes without saying that the fertilizer industry is one which the Indian economy cannot do without. The fertilizer industry in India is extremely vital as it manufactures some of the most important raw materials required for crop production. The primary objective of this industry is to ensure the inflow of both primary and secondary elements required for crop production in the desirable quantities.

Multiple choice elements of business sources of business finance - 1 classification & choice of sources of funds classification of sources of finance owned funds and borrowed funds

Which of the following traditional village industries possess the highest labour productivity?

  1. Handicrafts

  2. Sericulture

  3. Coir

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

 Handicraft is the traditional village industries possess the highest labour productivity. It means because of handicraft industry many people from the rural areas can get employed.

Multiple choice civics haat (a weekly market) a weekly market role of market role of market/bazaar

Who among the following gains the most in the market?

  1. Foreign businessman

  2. Exporter

  3. Farmer

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

The foreign businesspersons run a chain of stores. These large stores do business strictly on their own terms. These businessmen also have money and own the factories, the large shops, large land holdings, etc. They demand the lowest prices from the supplier and sell the products by making huge profits. The poor also depends on them for various things. Thus, the foreign businessperson gains the most in the market.

Multiple choice civics contemporary indian society changing family trends family trends the judiciary-subordinate courts and lok adalats

Traditional occupation of India is ___________.

  1. Agriculture

  2. Business

  3. Defence

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

Traditional occupation of India is agriculture. People living rural areas depend mostly on agriculture. It is the primary sector of Indian economy. Number of people depending on agriculture is highest in India. 

Multiple choice civics contemporary indian society changing family trends family trends the judiciary-subordinate courts and lok adalats

Due to urbanisation and industrialisation there is a shift in the occupation from ____________.

  1. Primary sector to secondary sector

  2. Secondary sector to primary sector

  3. Secondary sector to tertiary sector

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

Due to urbanization and industrialization, there is a shift in the occupation from primary sector to secondary sector. This means that there is a shift in occupation from agriculture to the industrial sector. This is because of increased employment opportunity in the industrial sector and uncertainty in agriculture.

Multiple choice business economics and quantitative methods introduction to managerial economics theories of employment and income concept of international trade macro economic analysis

Two-sector model consists of  ____________ and _____________ sector.

  1. household, business

  2. business, government

  3. household, government

  4. government, foreign
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

A two sector economy, consists of :

  • Household sector, which possesses factors of production and earns factor incomes, which are used to purchase goods and services.
  • Firms/Business sector produces goods and services with the use of factors provided by the households. The factor incomes paid are used to purchase the goods and services produced.

Multiple choice geography production in a factory - a paper mill production in a paper mill information technology industry automobile and electronic industries

Which one of the following industries manufactures telephones, computer, etc?

  1. Steel

  2. Electronic

  3. Aluminium

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

Manufacture of telephones computers, radars etc. fall under electronic industry. Electronic industry is growing at a high rate in India. The compound annual growth rate of electronic industry in India is about 24.4%.

Multiple choice geography production in a factory - a paper mill production in a paper mill information technology industry automobile and electronic industries

Which of the following is an advanced technology industry ______________.

  1. Aerospace

  2. Biotechnology

  3. Robotics

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

Aerospace, Biotechnology and Robotics are advanced technology industry.
Advanced technology is defined as a new or developing IT innovation that still has relatively few users, yet promises to provide future, significant value. Advanced manufacturing takes advantage of both advanced technology and manufacturing technology to improve processes and products within the supply chain.

Multiple choice geography production in a factory - a paper mill production in a paper mill information technology industry automobile and electronic industries

Which of the following is import item of India?

  1. Jute manufactured goods

  2. Tea

  3. Leather goods

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

Edible oil.
India main imports are: mineral fuels, oils and waxes and bituminous substances (27 percent of total imports); pearls, precious and semi-precious stones and jewelry (14 percent); electrical machinery and equipment (10 percent); nuclear reactors, boilers, machinery and mechanical appliances (8 percent).

Multiple choice geography production in a factory - a paper mill production in a paper mill information technology industry automobile and electronic industries

For which of the following industry is Sindri famous in India?

  1. Chemical industry

  2. Cement industry

  3. Fertilizer industry

  4. Copper refining industry
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Sindri is an industrial township within the Dhanbad municipal limits of the Dhanbad District of Jharkhand state. Sindri was well known because of a large Fertilizer factory (Fertilizer Corporation of India Limited - FCI, closed in 2002) conceived here in the early industrialized India.

Multiple choice geography production in a factory - a paper mill production in a paper mill information technology industry automobile and electronic industries

Which industry has changed India from an agricultural based economy to knowledge based economy?

  1. Iron and Steel industry

  2. Information Technology Industry

  3. Handloom Industry

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

The Information Technology (IT) industry has been the primary driver in shifting India's economic focus from traditional agriculture to service-based and knowledge-based sectors.

Multiple choice history crafts and industries development of industries in india traditional crafts and decline of indian industries impact of british rule on kerala

The most prosperous Indian Industry was the______industry.

  1. Textile

  2. Steel

  3. Food

  4. None of the above

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The textile industry was the most prosperous in India. Indian Woollen and silk items were also in huge demand all over the world, and this industry generated massive employment for both skilled and unskilled labour. But with the import of cheap foreign goods by Britishers the Textile industry bean to decline