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 is the largest contributor to India's GDP?

  1. Agriculture

  2. Industry

  3. Services

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

The services sector is the largest contributor to India's GDP, accounting for over 50% of the total output.

Multiple choice

Which industry is the largest employer in India?

  1. Agriculture

  2. Manufacturing

  3. Services

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

Agriculture is the largest employer in India, employing over 40% of the workforce.

Multiple choice

Which industry is the largest contributor to India's exports?

  1. Textiles

  2. Pharmaceuticals

  3. Engineering Goods

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

Engineering Goods are the largest contributor to India's exports, accounting for over 20% of the total exports.

Multiple choice

Which industry is the largest contributor to India's imports?

  1. Crude Oil

  2. Machinery

  3. Chemicals

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

Crude Oil is the largest contributor to India's imports, accounting for over 20% of the total imports.

Multiple choice

Which industry is the largest contributor to India's foreign exchange reserves?

  1. Software

  2. Tourism

  3. Remittances

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

Exports are the largest contributor to India's foreign exchange reserves, accounting for over 60% of the total reserves.

Multiple choice

Which sector is the largest source of private sector investment in healthcare research and development?

  1. Pharmaceutical industry

  2. Biotechnology industry

  3. Medical device industry

  4. Healthcare services industry
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The pharmaceutical industry is the largest source of private sector investment in healthcare research and development, accounting for over 50% of total investment.

Multiple choice

Which of the following is NOT a common type of industrial automation application?

  1. Manufacturing

  2. Packaging

  3. Transportation

  4. Healthcare

  5. Agriculture
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Healthcare is not as common an application for industrial automation as the other industries listed.

Multiple choice

Which sector in India received the highest FDI in the last fiscal year?

  1. Manufacturing

  2. Services

  3. Agriculture

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

The services sector in India received the highest FDI in the last fiscal year.

Multiple choice

What is the primary focus of the journal 'Geographical Review of India'?

  1. Physical Geography

  2. Human Geography

  3. Economic Geography

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

The Geographical Review of India primarily focuses on regional geography, with a special emphasis on the geography of India and its neighboring countries.

Multiple choice

Which sector within the real estate industry is not eligible for 100% FDI?

  1. Housing

  2. Commercial

  3. Retail

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

Township projects are not eligible for 100% FDI. They are subject to a 49% FDI limit.

Multiple choice

Which sector in India is the largest employer of labor?

  1. Agriculture

  2. Manufacturing

  3. Services

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

Agriculture is the largest employer of labor in India, employing over 40% of the workforce.

Multiple choice

Which skill sets are in high demand in the infrastructure sector?

  1. Technical skills

  2. Management skills

  3. Financial skills

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

The infrastructure sector requires a wide range of skills, including technical skills (e.g., engineering, construction), management skills (e.g., project management, supply chain management), and financial skills (e.g., budgeting, cost control).

Multiple choice

Which of the following is a positive social impact of industry and manufacturing in India?

  1. Increased employment opportunities

  2. Improved standard of living

  3. Reduced poverty

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

Industry and manufacturing can create jobs, raise incomes, and reduce poverty. They can also improve the standard of living by providing access to goods and services that were previously unavailable.

Multiple choice

What is the role of the private sector in promoting social development through industry and manufacturing?

  1. Investing in sustainable technologies

  2. Adopting sustainable practices

  3. Supporting social programs

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

The private sector can play a role in promoting social development through industry and manufacturing by investing in sustainable technologies, adopting sustainable practices, supporting social programs, and engaging in other responsible business practices.

Multiple choice

Which industry is expected to see the fastest growth in robot adoption in the next five years?

  1. Healthcare

  2. Logistics

  3. Retail

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

Healthcare is expected to see the fastest growth in robot adoption in the next five years due to the increasing demand for robotic surgery and other medical applications.