Economics · 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 geography state of industries in india meaning and classification of industries industrialisation and urbanisation urbanisation

Which of the following statements is correct with regards to the industrial sector in India?

  1. A large number of industries face under utilization of production capacity.

  2. The incremental capital-output ratio has been falling over the planning period.

  3. In terms of regions, industrial development is quite balanced.

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

The correct statement is that a large number of industries face under utilization of production capacity. Others are incorrect because the incremental capital-output ratio has been increasing over the planning period and region-wise industrial development is quite imbalanced.

Multiple choice geography state of industries in india meaning and classification of industries industrialisation and urbanisation urbanisation

Based on Size, Industries can be classified into _____________.

  1. large, medium and small industries

  2. basic, capital, intermediate and consumer goods industries

  3. public sector and private sector industries

  4. registered and unregistered industries
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Based on size, industries are categorized by the scale of their investment and operations into large, medium, and small-scale industries.

Multiple choice geography state of industries in india meaning and classification of industries industrialisation and urbanisation urbanisation

______ is the process by which centre of gravity of the economy shifts from agriculture to industry.

  1. Privatization

  2. Industrialization

  3. Divestment

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

Industrialization is the process of economic and social change that transforms a society from an agrarian one into an industrial one.

Multiple choice geography state of industries in india meaning and classification of industries industrialisation and urbanisation urbanisation

The development and concentration of industries in a region is called___________.

  1. Urbanisation

  2. Industrialisation

  3. Trade

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

Industrialisation is the period of social and economic change that transformed human being from an agrarian society into an industrial society, involving the extensive re-organisation of an economy for the purpose of manufacturing. It means development of industries in a country or a region in a large scale.

Multiple choice civics the nature of the indian economy part 1 three phases of indian agriculture cash crops of india agricultural nature of indian economy plantation of crops

Which one of the following statements is not correct?

  1. Agriculture is the backbone of Indian economy

  2. Agriculture includes crop production and animal rearing.

  3. Agriculture is the single largest sector for employment in India

  4. Agriculture in India is characterised by very high yield per hectare.
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Indian agriculture is generally characterized by low yield per hectare compared to global standards due to fragmentation of land and reliance on monsoon rains.

Multiple choice civics the nature of the indian economy part 1 three phases of indian agriculture cash crops of india agricultural nature of indian economy plantation of crops

What is the contribution of agriculture in National Economy?

  1. Raw materials for industries

  2. Food Security

  3. Employment

  4. All of the above
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation
Agriculture Sector. Agriculture plays a vital role in the Indian economy. Over 70 per cent of the rural households depend on agriculture. Agriculture is an important sector of Indian economy as it contributes about 17% to the total GDP and provides employment to over 60% of the population.
Multiple choice labour and its division social stratification labour sociology

The labour sector is divided as ___________ sectors.

  1. Primary, Secondary and Tertiary

  2. Organised and Unorganised

  3. Both

  4. None
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation
Labour market is a place where employee and workers come in direct contact with each other. The labor sector is divides into followings:

1) Organised sector in India refers to licensed organisations, that is, those who are registered and par GST. These include the publicly traded companies, incorporated or formally registered entities etc.

2) Unorganized sector, also known as own account enterprises, refers to all unlicensed, self-employed or unregistered economic activity such as owner manned general stores, handicrafts and handloom workers, rural traders, farmers, etc.

3)  The primary sector is directly concerned with natural resources of the country. Agricultural, forestry, fishing and mining constitute the primary sector.

4) The Secondary sector consists of the industrial sector, engaged in construction activities and manufacturing of finished goods and tangible products.

5) The Tertiary sector is intangible in nature, concentrating on the services sector. This sector consists of provision of services such as education, medical, hotel and finance needed by the consumers.

Multiple choice labour and its division social stratification labour sociology

Vehicle repair, selling of goods like vegetables, fish on head; puncture repairers and others belong to _____________ sector.

  1. Organised

  2. Unorganised

  3. Tertiary

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

Unorganised sector, also known as own account enterprises, refers to all unlicensed, self-employed or unregistered economic activity such as owner manned general stores, handicrafts and handloom workers, rural traders, farmers, puncture repairers, fish on head, etc. 

Multiple choice labour and its division social stratification labour sociology

The sector which is enrolled as per the law of the government, and provided fixed wages, facilities within the framework of law is called as ___________ Sector.

  1. Organized

  2. Primary

  3. Unorganised

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


The sector which is enrolled as per the law of the government, and provided fixed wages, facilities within the framework of law is called an Organised  Sector.Organized sector in India refers to licensed organizations, that is, those who are registered and pay GST. These include the publicly traded companies, incorporated or formally registered entities etc.

Multiple choice industries in tamil nadu human geography in tamil nadu geography

Agro-based industries are ________.

  1. Those units using agricultural product for manufacturing

  2. Those units using minerals for production

  3. Those units using forest raw materials for manufacturing

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

Cotton, jute, silk and woolen textiles, sugarcane and vegetable oil industries are based on agricultural raw materials.  Agro-based industry depends upon agriculture sector for raw materials. This industry is the main market of agricultural commodities. In India, major agro-based industries are sugar industry, cotton textile industry, oil industry, jute industry, food processing industries, paper industry etc. 

Multiple choice industries in tamil nadu human geography in tamil nadu geography

Cotton textiles, sugar industries and food processing industries are _______.

  1. Mineral-based industries

  2. Agro-based industries

  3. Forest-based industries

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

Cotton textiles, sugar and food processing industries are based on agricultural raw materials. In India, major agro-based industries are sugar industry, cotton textile industry, oil industry, jute industry, food processing industries, paper industry etc. 

Multiple choice industries in tamil nadu human geography in tamil nadu geography

Iron and steel industries, ceramics industry and cement industry are some of the _____

  1. Mineral-based industries

  2. Agro-based industries

  3. Forest-based industries

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

The industries in which minerals and metals are used as raw materials are called mineral- based industries.

Following are the examples of mineral based industries:-

  1. Iron and steel industry- The main raw material required for iron and steel industry is iron ore. Iron and steel industry is the most important industry. All the industries are dependent on this for their raw materials.
  2. Ceramics industry- Ceramics is a diverse industry. The main raw materials for this industry are clay minerals. It produces several categories of products such as sanitary ware, advanced ceramics and ceramic tiles, etc.
  3. Cement Industry- Limestone, silica, alumina and gypsum are used as raw materials in this industry.

Multiple choice industries in tamil nadu human geography in tamil nadu geography

All government-owned industries come under the _________ sector.

  1. Private

  2. Public

  3. Tertiary

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

All government-owned industries come under the public sector. A state-owned enterprise in India is called a Public Sector Undertaking. The company stock needs to be majority-owned by the government to be a PSU.

Multiple choice industries in tamil nadu human geography in tamil nadu geography

TVS Motors is one the notable _____ industries of Tamil Nadu.

  1. Agro-based

  2. Mineral-based

  3. Forest-based

  4. Private
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation
  • TVS Group is an Indian diversified industrial conglomerate with its principal headquarters located in Madurai and presence across the globe. 
  • Almost all holdings of the group are private.
Multiple choice industries in tamil nadu human geography in tamil nadu geography

What is a large scale industry?

  1. Having huge investments

  2. Having small investments

  3. Having no investment

  4. Having limited investment
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Large scale industry employs large number of persons and consumes vast quantity of power. Huge capital investment is needed. Iron and steel industry, textile industry, manufacture of heavy machinery, locomotives and railway rolling stock, automobiles, shipbuilding are some examples of large scale industry.