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 industries in tamil nadu human geography in tamil nadu geography

Which industry is doing very well in Tamil Nadu?

  1. Mineral-based industry

  2. Food-beverage industry

  3. Agro-based industry

  4. Forest-based industry
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Tamil Nadu has a significant and well-developed food and beverage processing industry, supported by its strong agricultural base.

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

A majority of sugar mills in Tamil Nadu are functioning under the _____ sector.

  1. Public sector

  2. Private sector

  3. Co-operative sector

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

A majority of sugar mills in Tamil Nadu are functioning under the co-operative sector. The sugar industry is one of the largest agro-based industries next to textiles. There are 47 sugar mills in Tamil Nadu comprising of 16 under co-operative sector and 28 under private sector.

Multiple choice geography south america - land of andes location and expansion - south america south america south america - economic features

Which is the most important occupation of the people in Velds?

  1. Automobile manufacturing

  2. Fishing

  3. Rubber plantation

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

Sheep rearing is a major and traditional occupation in the Velds, particularly for the production of wool, which is a significant industry in the region.

Multiple choice geography mineral and energy resources - i iron and steel industries iron and steel industry mineral based industries

Why were a number of steel plants initially set up in the public sector?

  1. Steel mills yield quick returns by way of profits

  2. Steel plants offer great employment opportunities

  3. Steel is a basic to industrial development

  4. Steel production is necessary for country's defence needs
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Iron and steel is a basic industry and forms the backbone of industrial development in any country. It provides raw material for making machinery, electrical machinery, defence equipment, railway tracks, railways engines, bridges, dams, shops, automobiles, houses and a host of other industrial and consumer goods.

Multiple choice geography mineral and energy resources - i iron and steel industries iron and steel industry mineral based industries

Which one of the following is not true regarding the Iron and Steel industry in India?

  1. India is the largest producer of sponge iron

  2. Most of the public sector undertakings market their steel through the Steel Authority of India

  3. Chhotanagpur Plateau region has the maximum concentration of iron and steel industries

  4. As a leading iron and steel producing country, India does not need to import steel from other countries
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

As a leading iron and steel producing country, India does not need to import steel from other countries

Multiple choice geography mineral and energy resources - i iron and steel industries iron and steel industry mineral based industries

Bhilai is associated with the _______.

  1. Cotton industry

  2. Silk industry

  3. Iron and steel industry

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

Bhilai is associated with the Iron and steel industry. Bhilai steel plant was set up with Russian collaboration in Durg district of Chattisgarh in 1959. This steel plant lies on the Kolkata- Mumbai railway route. The bulk of steel produced from this plant goes to Hindustan Shipyard at Vishakhapatnam.

Multiple choice geography mineral and energy resources - i iron and steel industries iron and steel industry mineral based industries

For which of the following manufacturing industries does India have the most natural resources?

  1. Glass Synthetic rubber

  2. Synthetic rubber

  3. Iron and Steel

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

India is fairly rich in iron ore deposits and some amount of iron is found in practically all parts of the country. India is the largest producer of iron in the Asian continent and is one of the largest iron-producing countries in the world.

Multiple choice geography mineral and energy resources - i iron and steel industries iron and steel industry mineral based industries

On the basis of ownership, in which sector can the Bhilai steel plant be put?

  1. Tertiary Sector

  2. Private Sector

  3. Insurance Sector

  4. Public Sector

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

On the basis of ownership, Industries are classified into four categories which are -

(1) Private Sector Industries
(2) Public Sector Inustries
(3) Joint- Sector Industries
(4) Cooperative Sector Industries
Steel Plants at Bhilai and Durgapur, Chittranjan Locomotive Works, The Integral Coach Factory, Perampur are the examples of Public Sector Industries.

Multiple choice geography mineral and energy resources - i iron and steel industries iron and steel industry mineral based industries

The steel plant at Jamshedpur belongs to the ___________.

  1. Public sector

  2. Private sector

  3. Joint sector

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

Steel plant located at Jamshedpur is Tata Steel plant. It is a private sector owned company. It was founded by Jamshedji Tata in the year 1868. It is now owned by TATA sons. 

Multiple choice geography mineral and energy resources - i iron and steel industries iron and steel industry mineral based industries

Alwaye, Renukoot and Muri are centres of _______.

  1. Engineering industries

  2. Iron and steel industries

  3. Aluminium smelters

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

  • Alwaye, Renukoot and Muri are the centres of aluminium smelters.
Alwayne is located in Kerala, Renukoot in UP and Muri in Jharkhand apart from this Belur of Karnataka, Hirakud of Orissa and Korba of Chhattisgarh are also the main centres of aluminium smelting. 

Multiple choice geography mineral and energy resources - i iron and steel industries iron and steel industry mineral based industries

Which one of the following is not true regarding the Iron and Steel industry in India?

  1. India is the largest producer of sponge iron.

  2. Most of the public sector undertakings market their steel through the Steel Authority of India.

  3. Chhotanagpur Plateau region has the maximum concentration of iron and steel industries.

  4. As a leading iron and steel producing country, India does not need to import steel from other countries.
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

D.  As a leading iron and steel producing country, India does not need to import steel from other countries is the false statement.

India is both an importer and exporter of iron ore. But, it is a net importer of iron ore. In 2014-15, India imported 15 million tons of iron ore. Exports out of the country is pegged at 4.5 million tons.

Multiple choice geography mineral and energy resources - i iron and steel industries iron and steel industry mineral based industries

Which one of the following factors is considered as the most prominent one in industrial location in a region?

  1. Availability of raw materials

  2. Market

  3. Cheap Labour

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

A.       Availability of Raw Materials.

The significance of raw materials in manufacturing industry is so fundamental that it needs no emphasizing. Indeed, the location of industrial enterprises is sometimes determined simply by location of the raw materials. Modern industry is so complex that a wide range of raw materials is necessary for its growth.

 

Multiple choice geography mineral and energy resources - i iron and steel industries iron and steel industry mineral based industries

Small scale and large scale industries are classified on the basis of

  1. Capital investment

  2. Ownership

  3. Main role

  4. Source of raw materials
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Industries can be classified according to their size

1.       Small Scale Industries

2.       Large Scale Industries

Size refers to the

  • Amount of Capital Invested
  • Number of People Employed
  • Volume of Production

 

Small Scale Industries: Cottage or household industries are a type of small scale industry where the products are manufactured by hand, by the artisans.

·         Small scale industries use very little capital.

·         The craftsmen follow traditional methods while making their products and modern technology has no place here.

·         The capital invested by small scale industries is very small.

·         Basket weaving, Pottery, handicrafts, silk weaving, food processing and dress-making are all small-scale Industries

Large Scale Industries: Large scale industries make huge investments and use modern technology in their manufacturing process.

·         Large scale industries invest huge capitals.

·         The technology used is very superior and the large quantities of the product are manufactured. Classification of Industries

·         The labor force involved in large scale industries is also very large.

·         Automobile industry, manufacture of consumer goods like Television sets, iron and steel industries can be classified under large scale industries.

Multiple choice civics agriculture sector rural credit role of agriculture sector green revolution animal husbandry and fishery cattle farming

Which type of subsidies are provided to industrial research and pro competitive development activity in disadvantaged regions?

  1. Prohibited subsidies

  2. Actionable subsidies

  3. Non-actionable subsidies

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

The subsidy contains three basic elements are a financial contribution, by a government or any public body within the region of an element, which confers an advantage. All three of these elements must be satisfied in order for a subsidy to exist. Non-actionable subsidies, however, are not subject to these tariffs. 

For example, environmental and scientific subsidies are non-actionable. non-actionable subsidies are those which are functional to explore and pre-competitive development performance, and others which help the disadvantaged region.

The correct answer is C.