Economics ยท 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

Which sector contributed the most to the growth of the Indian economy during the Tenth Five-Year Plan?

  1. Agriculture

  2. Industry

  3. Services

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

The services sector contributed the most to the growth of the Indian economy during the Tenth Five-Year Plan, accounting for 64.1% of GDP in 2006-07.

Multiple choice

What was the main economic activity in the Congo Free State?

  1. Agriculture

  2. Mining

  3. Manufacturing

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

The main economic activity in the Congo Free State was mining, particularly for rubber and copper.

Multiple choice

What was the main economic activity in the Belgian Congo?

  1. Agriculture

  2. Mining

  3. Manufacturing

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

The main economic activity in the Belgian Congo was mining, particularly for copper, gold, and diamonds.

Multiple choice

Which of the following is NOT a component of agricultural infrastructure?

  1. Irrigation systems

  2. Transportation networks

  3. Storage facilities

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

Financial institutions are not directly involved in the production and distribution of agricultural products.

Multiple choice

Which factor is considered the most important in determining the location of footloose industries?

  1. Availability of Raw Materials

  2. Transportation Costs

  3. Labor Costs

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

Footloose industries are not tied to specific locations for raw materials or labor, so transportation costs become the primary factor in determining their location.

Multiple choice

Which factor is considered the most important in determining the location of resource-based industries?

  1. Availability of Raw Materials

  2. Transportation Costs

  3. Labor Costs

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

Resource-based industries are tied to specific locations due to the availability of raw materials, making this factor the most important in determining their location.

Multiple choice

Which factor is considered the most important in determining the location of labor-intensive industries?

  1. Availability of Raw Materials

  2. Transportation Costs

  3. Labor Costs

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

Labor-intensive industries are heavily reliant on labor, so labor costs become the primary factor in determining their location.

Multiple choice

What is the primary economic activity in the services sector?

  1. Providing goods

  2. Providing services

  3. Manufacturing goods

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

The services sector primarily involves providing services to consumers, such as healthcare, education, transportation, and financial services.

Multiple choice

Which of the following is an example of a service industry?

  1. Agriculture

  2. Retail

  3. Mining

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

Retail is an example of a service industry as it involves providing goods and services to consumers, such as selling products in stores or online.

Multiple choice

Which of the following is an example of a service provided by the tourism industry?

  1. Manufacturing goods

  2. Providing healthcare

  3. Operating transportation systems

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

Operating transportation systems, such as airlines, trains, and buses, is an example of a service provided by the tourism industry, facilitating the movement of tourists to and from destinations.

Multiple choice

Which sector is expected to contribute the most to the growth of the economy during the Fourteenth Five-Year Plan?

  1. Agriculture

  2. Industry

  3. Services

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

The services sector is expected to contribute the most to the growth of the economy during the Fourteenth Five-Year Plan.

Multiple choice

What is the primary occupation of people in rural India?

  1. Agriculture

  2. Manufacturing

  3. Service Industry

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

Agriculture is the primary occupation of people in rural India. A majority of the population is engaged in farming and allied activities, such as animal husbandry and fishing.

Multiple choice

Which of the following is NOT a key component of Rural Development?

  1. Agriculture and Allied Activities

  2. Infrastructure Development

  3. Education and Skill Development

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

Industrialization is not a key component of Rural Development as it focuses on promoting economic activities within rural areas, rather than shifting industries from urban to rural areas.

Multiple choice

Which of the following is not a major industry in the public sector in India?

  1. Steel

  2. Coal

  3. Automobiles

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

Automobiles are not a major industry in the public sector in India. The public sector is primarily involved in industries such as steel, coal, and petroleum.

Multiple choice

Which industry is expected to benefit significantly from 3D printing food technology?

  1. Healthcare

  2. Space exploration

  3. Military

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

3D printing food technology has potential applications in healthcare, space exploration, and the military, where customized and nutritious food options are essential.