Economics ยท 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
What is the main category of manufacturing goods that India exports?
-
Textiles and Apparel
-
Chemicals and Pharmaceuticals
-
Machinery and Equipment
-
Electronics
A
Correct answer
Explanation
Textiles and apparel are the main category of manufacturing goods that India exports, accounting for over 40% of India's total manufacturing exports.
What is the main category of manufacturing goods that India imports?
-
Machinery and Equipment
-
Chemicals and Pharmaceuticals
-
Electronics
-
Textiles and Apparel
A
Correct answer
Explanation
Machinery and equipment are the main category of manufacturing goods that India imports, accounting for over 30% of India's total manufacturing imports.
Which sector is responsible for the largest share of global energy consumption?
-
Residential
-
Commercial
-
Industrial
-
Transportation
C
Correct answer
Explanation
The industrial sector is responsible for the largest share of global energy consumption, accounting for approximately 30% of total energy use.
Which sector contributed the most to the growth of the Indian economy during the Tenth Five-Year Plan?
-
Agriculture
-
Industry
-
Services
-
Construction
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.
What was the main economic activity in the Congo Free State?
-
Agriculture
-
Mining
-
Manufacturing
-
Trade
B
Correct answer
Explanation
The main economic activity in the Congo Free State was mining, particularly for rubber and copper.
What was the main economic activity in the Belgian Congo?
-
Agriculture
-
Mining
-
Manufacturing
-
Trade
B
Correct answer
Explanation
The main economic activity in the Belgian Congo was mining, particularly for copper, gold, and diamonds.
Which of the following is NOT a component of agricultural infrastructure?
-
Irrigation systems
-
Transportation networks
-
Storage facilities
-
Financial institutions
D
Correct answer
Explanation
Financial institutions are not directly involved in the production and distribution of agricultural products.
Which factor is considered the most important in determining the location of footloose industries?
-
Availability of Raw Materials
-
Transportation Costs
-
Labor Costs
-
Government Incentives
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.
Which factor is considered the most important in determining the location of resource-based industries?
-
Availability of Raw Materials
-
Transportation Costs
-
Labor Costs
-
Government Incentives
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.
Which factor is considered the most important in determining the location of labor-intensive industries?
-
Availability of Raw Materials
-
Transportation Costs
-
Labor Costs
-
Government Incentives
C
Correct answer
Explanation
Labor-intensive industries are heavily reliant on labor, so labor costs become the primary factor in determining their location.
What is the primary economic activity in the services sector?
-
Providing goods
-
Providing services
-
Manufacturing goods
-
Extracting resources
B
Correct answer
Explanation
The services sector primarily involves providing services to consumers, such as healthcare, education, transportation, and financial services.
Which of the following is an example of a service industry?
-
Agriculture
-
Retail
-
Mining
-
Construction
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.
Which of the following is an example of a service provided by the tourism industry?
-
Manufacturing goods
-
Providing healthcare
-
Operating transportation systems
-
Extracting resources
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.
Which sector is expected to contribute the most to the growth of the economy during the Fourteenth Five-Year Plan?
-
Agriculture
-
Industry
-
Services
-
Construction
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.
What is the primary occupation of people in rural India?
-
Agriculture
-
Manufacturing
-
Service Industry
-
Information Technology
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.