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 was the main source of income for the Bikaner Kingdom?
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Agriculture
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Trade
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Mining
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Textiles
A
Correct answer
Explanation
Agriculture was the main source of income for the Bikaner Kingdom, with crops such as wheat, barley, and cotton being cultivated.
What is the main focus of the ADB's lending operations?
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Infrastructure development
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Social development
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Environmental protection
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Private sector development
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All of the above
E
Correct answer
Explanation
The main focus of the ADB's lending operations is infrastructure development, social development, environmental protection, and private sector development.
Which of the following is NOT a sector in which the ADB provides loans?
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Agriculture
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Education
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Health
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Transportation
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Tourism
E
Correct answer
Explanation
The ADB does not provide loans for tourism.
The process of economic development typically involves a shift from which sector to which sector?
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Agriculture to Industry
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Industry to Services
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Services to Agriculture
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Agriculture to Services
A
Correct answer
Explanation
As economies develop, there is a shift from primary industries (such as agriculture) to secondary industries (such as manufacturing) and eventually to tertiary industries (such as services).
Which sector has the highest FDI inflow in India?
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Manufacturing
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Services
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Energy
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Agriculture
C
Correct answer
Explanation
The energy sector has consistently attracted the highest FDI inflow in India due to the country's growing demand for energy and its focus on renewable energy sources.
Which of the following is NOT a major economic activity of the Dutch Renaissance?
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Trade
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Manufacturing
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Agriculture
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Mining
D
Correct answer
Explanation
Trade, Manufacturing, and Agriculture are all major economic activities of the Dutch Renaissance. Mining is not a major economic activity in the Netherlands.
Which sector in India has been most affected by technological change in terms of job displacement?
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Agriculture
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Manufacturing
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Services
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Construction
B
Correct answer
Explanation
The manufacturing sector in India has been most affected by technological change, as automation and the adoption of new technologies have led to job displacement and a decline in the demand for unskilled labor.
What is the primary focus of trade in services?
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Goods
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Services
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Information
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Technology
B
Correct answer
Explanation
Trade in services focuses on the exchange of services rather than goods.
Which sector is the largest contributor to global trade in services?
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Financial services
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Transportation
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Tourism
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Business services
D
Correct answer
Explanation
Business services, including professional and technical services, account for the largest share of global trade in services.
Which economic activity is most closely linked to National Parks and Wildlife Sanctuaries?
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Agriculture
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Manufacturing
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Tourism
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Mining
C
Correct answer
Explanation
Tourism is the economic activity most directly linked to National Parks and Wildlife Sanctuaries, as visitors spend money on transportation, accommodation, food, and souvenirs.
Which sector has benefited the most from regional cooperation in India?
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Agriculture
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Manufacturing
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Services
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Tourism
C
Correct answer
Explanation
The services sector has benefited the most from regional cooperation in India, as it has facilitated the movement of skilled labor and the provision of services across borders.
What is the primary occupation of most people living in traditional Indian villages?
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Agriculture
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Handicrafts
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Tourism
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Manufacturing
A
Correct answer
Explanation
Agriculture is the primary occupation in traditional Indian villages, with a majority of the population engaged in farming and related activities.
The major economic activity in the Gangetic Plain is:
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Agriculture
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Industry
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Mining
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Tourism
A
Correct answer
Explanation
The major economic activity in the Gangetic Plain is agriculture.
The major economic activity in the Deccan Plateau is:
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Agriculture
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Industry
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Mining
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Tourism
A
Correct answer
Explanation
The major economic activity in the Deccan Plateau is agriculture.
The major economic activity in the Chotanagpur Plateau is:
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Agriculture
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Industry
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Mining
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Tourism
C
Correct answer
Explanation
The major economic activity in the Chotanagpur Plateau is mining.