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
Which of the following sectors is NOT covered under GST?
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Manufacturing
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Agriculture
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Services
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Real estate
B
Correct answer
Explanation
Agriculture is not covered under GST. However, certain agricultural products may be subject to GST if they are processed or packaged.
Which of the following is the most important economic activity of the people of the Vedic Period?
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Agriculture
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Animal husbandry
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Trade
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Manufacturing
A
Correct answer
Explanation
Agriculture was the most important economic activity of the people of the Vedic Period, as they relied on it for food and other resources.
Which sector of the Indian economy is most vulnerable to climate change?
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Agriculture
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Industry
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Services
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Tourism
A
Correct answer
Explanation
Agriculture is the most vulnerable sector of the Indian economy to climate change. This is because agriculture is heavily dependent on rainfall, and climate change is causing changes in rainfall patterns. Additionally, rising temperatures can make it difficult for crops to grow.
The Eastern Coastal Plains are a major center of economic activity in India. Which of the following industries is concentrated in this region?
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Automobile Industry
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Textile Industry
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Information Technology Industry
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Heavy Industries
B
Correct answer
Explanation
Textile Industry is concentrated in the Eastern Coastal Plains of India.
What was the main source of income for the Bidar Sultanate?
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Agriculture
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Trade
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Mining
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Taxes
D
Correct answer
Explanation
Taxes were the main source of income for the Bidar Sultanate. The sultanate levied taxes on agricultural produce, trade goods, and other sources of revenue.
What is the main economic activity associated with tourism?
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Agriculture
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Manufacturing
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Services
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Mining
C
Correct answer
Explanation
Tourism is a service industry that provides goods and services to tourists.
Which of the following is NOT a key component of rural development?
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Agricultural development
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Infrastructure development
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Education and skill development
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Industrialization
D
Correct answer
Explanation
Industrialization is not typically considered a key component of rural development, as it often involves the concentration of economic activity in urban areas.
What are the main economic activities on the Deccan Plateau?
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Agriculture
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Industry
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Mining
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Tourism
A
Correct answer
Explanation
Agriculture is the main economic activity on the Deccan Plateau, with crops such as rice, wheat, cotton, and sugarcane being grown.
What are the main industries on the Deccan Plateau?
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Textiles
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Food processing
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Chemicals
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Engineering
A
Correct answer
Explanation
Textiles are the main industry on the Deccan Plateau, with a large number of cotton mills and garment factories.
What is the main economic activity in Antarctica?
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Tourism
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Fishing
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Mining
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Scientific research
D
Correct answer
Explanation
Scientific research is the main economic activity in Antarctica. The continent is home to a number of research stations, which are operated by scientists from all over the world.
Which sector of the Indian economy has benefited the most from globalization?
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Agriculture
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Manufacturing
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Services
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Infrastructure
C
Correct answer
Explanation
The services sector, particularly information technology (IT) and business process outsourcing (BPO), has benefited the most from globalization in India, leading to rapid growth and job creation.
Which of the following is NOT a major sector for Chinese investment in India?
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Manufacturing
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Infrastructure
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Services
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Agriculture
D
Correct answer
Explanation
While manufacturing, infrastructure, and services are major sectors for Chinese investment in India, agriculture is not a significant sector.
Which of the following is NOT a sub-group of NITI Aayog?
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Agriculture
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Industry
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Infrastructure
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Social Sector
D
Correct answer
Explanation
Social Sector is not a sub-group of NITI Aayog.
According to the 'dual economy' theory, what is the relationship between the urban and rural sectors?
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The urban sector is more productive than the rural sector.
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The rural sector is more productive than the urban sector.
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The urban and rural sectors are equally productive.
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The relationship between the urban and rural sectors is complex and varies depending on the country.
A
Correct answer
Explanation
According to the 'dual economy' theory, the urban sector is more productive than the rural sector due to its concentration of capital, labor, and technology.
Which of the following is NOT an application of robotics?
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Manufacturing
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Healthcare
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Space exploration
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Agriculture
D
Correct answer
Explanation
Agriculture is not a common application of robotics, although there are some emerging applications in this field.