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
Which sector has received the highest allocation of funds under the Atmanirbhar Bharat Abhiyan?
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Manufacturing
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Agriculture
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Infrastructure
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Healthcare
A
Correct answer
Explanation
The manufacturing sector has received the highest allocation of funds under the Atmanirbhar Bharat Abhiyan, with the aim of boosting domestic production and reducing reliance on imports.
Which sector of the Indian economy contributes the most to GDP?
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Agriculture
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Industry
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Services
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All of the above
C
Correct answer
Explanation
The services sector contributes the most to India's GDP, followed by industry and agriculture.
Which sector of the Indian economy contributes the most to GPDI?
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Agriculture
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Industry
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Services
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All of the above
B
Correct answer
Explanation
The industrial sector contributes the most to India's GPDI, followed by services and agriculture.
What is the primary economic activity in most rural areas?
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Manufacturing
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Services
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Agriculture
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Mining
C
Correct answer
Explanation
Agriculture is the primary economic activity in most rural areas, providing employment and income for a large proportion of the population.
Which of the following is NOT a type of Public Enterprise in India?
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Central Public Sector Enterprises (CPSEs)
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State Public Sector Enterprises (SPSEs)
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Joint Sector Enterprises (JSEs)
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Private Sector Enterprises (PSEs)
D
Correct answer
Explanation
Private Sector Enterprises are not a type of Public Enterprise in India. They are owned and operated by private individuals or organizations.
Which sector has the largest number of Public Enterprises in India?
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Manufacturing
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Services
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Agriculture
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Mining
A
Correct answer
Explanation
The manufacturing sector has the largest number of Public Enterprises in India, followed by the services sector.
Which Public Enterprise is known for its contribution to the development of the ports and shipping sector in India?
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Ports, Waterways and Shipping Corporation of India (PSCI)
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Shipping Corporation of India (SCI)
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Mundra Port and Special Economic Zone Limited (MPSEZ)
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Jawaharlal Nehru Port Trust (JNPT)
A
Correct answer
Explanation
Ports, Waterways and Shipping Corporation of India (PSCI) is the largest Public Enterprise in the ports and shipping sector in India.
Which sector of the Indian economy experienced significant job creation as a result of economic reforms?
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Agriculture
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Manufacturing
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Services
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Construction
C
Correct answer
Explanation
The services sector of the Indian economy experienced significant job creation as a result of economic reforms, particularly in areas such as information technology, finance, and telecommunications.
Which sector was the first to undergo liberalization in India?
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Agriculture
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Industry
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Services
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Banking
B
Correct answer
Explanation
The industrial sector was the first to undergo liberalization in India, with the removal of industrial licensing and other restrictions.
Which of the following industries experienced significant growth during the Liberalization Era?
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Automobile
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Information Technology
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Pharmaceuticals
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Textiles
B
Correct answer
Explanation
The Information Technology industry experienced significant growth during the Liberalization Era, driven by the global demand for software and IT services.
What was the main commodity exported from India during the British period?
A
Correct answer
Explanation
Cotton was the main commodity exported from India during the British period.
What was the main commodity imported into India during the colonial period?
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Manufactured goods
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Machinery
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Chemicals
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Petroleum
A
Correct answer
Explanation
Manufactured goods were the main commodity imported into India during the colonial period.
What was the main commodity exported from India after independence?
A
Correct answer
Explanation
Jute was the main commodity exported from India after independence.
What was the main commodity imported into India in the 1960s?
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Food grains
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Machinery
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Petroleum
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Chemicals
A
Correct answer
Explanation
Food grains were the main commodity imported into India in the 1960s.
What was the main commodity exported from India in the 1980s?
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Textiles
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Engineering goods
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Chemicals
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Petroleum products
A
Correct answer
Explanation
Textiles were the main commodity exported from India in the 1980s.