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 commercial applications treasure under the ground conservation of mineral resources distribution and conservation of mineral resources indian mineral and power resources

In which of these following industries, limestone is not used?

  1. Cement industry

  2. Iron and Steel industry

  3. Oil Refinery industry

  4. None of the above

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

Limestone is a key raw material in cement and iron/steel industries (as a flux). It is not a primary input in oil refining processes.

Multiple choice history industrial sector growth of banks in india nationalisation and privatisation of banks private sector anddifference between public and private sector

Apart from neglecting agricultural sector, commercial banks prior to nationalization neglected export and small scale industries.

  1. True

  2. False

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

Prior to nationalization, commercial banks in India were largely urban-centric and focused on large-scale industries, neglecting agriculture, small-scale industries, and exports. This imbalance was a key justification for the state taking control of the banking sector.

Multiple choice
  1. salt distribution

  2. metal working

  3. cash crop agriculture

  4. textile manufacturing

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

India was famous for its high-quality handloom textiles. The British colonial policy, which included high tariffs on Indian goods and the import of cheap machine-made British textiles, led to the collapse of the Indian textile industry.

Multiple choice infrastructure in india infrastructure tertiary sector economics

Infrastructure is divided into which two categories? 

  1. Primary and Secondary

  2. Direct and Indirect

  3. Conventional and Non-Conventional

  4. Economic and Social

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

Infrastructure is divided into two categories: 

1. Social infrastructure: It is a type of infrastructure in which social services are boarded. It includes colleges, schools and hospitals. 

2. Economic infrastructure: It is kind of infrastructure in which economic activities are boarded. It includes electricity, railway and water.

Multiple choice infrastructure in india infrastructure tertiary sector economics

Which of these would be classified as capital in economics?

  1. Metro Rail network

  2. Bhakra Nangal Dam

  3. Underground gas pipe line network

  4. All the three

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

In economics, capital refers to man-made assets used in the production of goods and services. All listed items are examples of physical infrastructure capital.

Multiple choice infrastructure in india infrastructure tertiary sector economics

Which of the following is NOT a part of the infrastructure sector?

  1. Power generation

  2. National highways

  3. Food production

  4. Railways

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

Infrastructure covers those supporting services that help directly in the growth of productive activities in agriculture as well as industry. These services have a wide range from the provision of health services and education facilities to the supply of needs such as power, irrigation, transport, telecommunications, etc.

Multiple choice infrastructure in india infrastructure tertiary sector economics

What are the basic infrastructure facilities?

  1. Human capital

  2. Physical capital

  3. Social overheads capital

  4. Working capital

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

They concern with the supply of such services as to meet the basic needs of a society. In simple words, social infrastructures refer those basic services such as education and training. It also includes health and sanitation, drinking water, housing, sewerage, etc. Social infrastructures are also termed as ‘social overheads’.
These social overheads indirectly support the economic systems. They indirectly increase the productivity and the economy sees the impact after some time. Social infrastructures lead to growth in the long run.

Multiple choice infrastructure in india infrastructure tertiary sector economics

The biggest Public Sector Undertaking in the country is _____________.

  1. Iron and steel plants

  2. Roadways

  3. Railways

  4. Telecommunication

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

Biggest public sector undertaking is railways

Indian railway is the largest in the Asia an  3rd largest in the world, it is the biggest employer and largest undertaking in the country

Multiple choice infrastructure in india infrastructure tertiary sector economics

Telecom Sector is considered as _____________.

  1. Priority sector

  2. Non-priority sector

  3. Infrastructural sector

  4. Sector with special status

  5. Core-Energy sector

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

Telecommunications infrastructure is very similar. It is a physical medium through which all Internet traffic flows. This includes telephone wires, cables (including submarine cables), satellites, microwaves, and mobile technology such as fifth-generation (5G) mobile networks.

Multiple choice infrastructure in india infrastructure tertiary sector economics

Which of the following is not considered infrastructural sector of the economy?

  1. Electricity

  2. Textile Sector

  3. Telecom

  4. Cement

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

Infrastructure is something that is created to facilitate common public of the country to utilize the same for their own business which will bring development of general benefits to the common man. For instance if you have roads built, it will benefit the common man. Hospitals, railway station, airports etc fall in this category. Now textile industry doesn't fall in the same category. I guess that's why an industry is not a part of infrastructure.

Multiple choice infrastructure in india infrastructure tertiary sector economics

Today, Indian infrastructure is developed by ________.

  1. private sector

  2. public sector

  3. private and public sector

  4. foreign investors

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation
Indian infrastructure is being developed by means of building roads, dams, and by merging with private sector to increase jobs to alleviate unemployment. 
The Government of India is required to put exceptionally in the foundation part, primarily expressways, sustainable power source and urban vehicle. The Government of India is taking each conceivable activity to help the framework division. 
Hence, C is the correct option.