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

Multiple choice

Which sector has been the primary driver of India's economic growth in the 21st century?

  1. Agriculture

  2. Manufacturing

  3. Services

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

The services sector has been the primary driver of India's economic growth in the 21st century, contributing over 60% of the country's GDP.

Multiple choice

Which sector has been the primary recipient of foreign direct investment (FDI) in India in the 21st century?

  1. Agriculture

  2. Manufacturing

  3. Services

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

The services sector has been the primary recipient of foreign direct investment (FDI) in India in the 21st century.

Multiple choice

Which sector has been the primary driver of employment generation in India in the 21st century?

  1. Agriculture

  2. Manufacturing

  3. Services

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

The services sector has been the primary driver of employment generation in India in the 21st century.

Multiple choice

In India, women are more likely to be employed in which sectors of the economy?

  1. Agriculture

  2. Manufacturing

  3. Services

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

In India, women are more likely to be employed in the agricultural sector, which is more vulnerable to environmental degradation than other sectors.

Multiple choice

Which of the following is an example of a provisioning service that is important for economic development?

  1. Food

  2. Water

  3. Timber

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

Energy is an example of a provisioning service that is important for economic development, as it is essential for powering industries, transportation, and other economic activities.

Multiple choice

What is the primary output of the creative industries?

  1. Goods

  2. Services

  3. Ideas

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

The creative industries produce experiences that are valued by consumers, such as music, art, and film.

Multiple choice

Which sector employs the largest number of people in India?

  1. Agriculture

  2. Industry

  3. Services

  4. Mining

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

Agriculture is the largest employer in India, employing over 50% of the country's workforce.

Multiple choice

Which of the following is NOT a major impact of energy and natural resources on the Indian economy?

  1. Economic Growth

  2. Energy Security

  3. Environmental Sustainability

  4. Social Development

  5. Political Stability
Reveal answer Fill a bubble to check yourself
E Correct answer
Explanation

Political Stability is not a major impact of energy and natural resources on the Indian economy.

Multiple choice

Which sector has witnessed a significant impact due to the advent of CIT?

  1. Manufacturing

  2. Agriculture

  3. Services

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

The services sector has experienced a substantial impact from the introduction of CIT.

Multiple choice

Which segment of the services sector has been particularly affected by CIT?

  1. Financial services

  2. Healthcare

  3. Education

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

The financial services segment has been significantly impacted by CIT, leading to the emergence of digital banking, online payments, and fintech solutions.

Multiple choice

Which sector has witnessed a surge in demand for skilled professionals due to the adoption of CIT?

  1. Manufacturing

  2. Agriculture

  3. Services

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

The services sector has experienced a growing demand for skilled professionals as a result of the widespread adoption of CIT.

Multiple choice

What is the primary reason behind the growth of employment opportunities in the tourism and hospitality sector?

  1. Increased demand for travel and leisure activities

  2. Technological advancements

  3. Government policies

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

The primary reason for the growth of employment opportunities in the tourism and hospitality sector is the increased demand for travel and leisure activities.

Multiple choice

What is the contribution of tourism and hospitality employment to the overall economy?

  1. Significant

  2. Moderate

  3. Minor

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

The contribution of tourism and hospitality employment to the overall economy is significant.

Multiple choice

Which of the following is NOT a factor that affects the demand for labor in the tourism and hospitality sector?

  1. Economic conditions

  2. Government policies

  3. Technological advancements

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

Weather conditions are not a factor that affects the demand for labor in the tourism and hospitality sector.

Multiple choice

Which sector is expected to experience the most significant economic losses due to global warming?

  1. Agriculture

  2. Manufacturing

  3. Tourism

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

Agriculture is highly vulnerable to climate change, with rising temperatures and changing precipitation patterns adversely affecting crop yields and livestock production.