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 of the following is NOT a common data analytics industry?

  1. Healthcare

  2. Retail

  3. Finance

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

Agriculture is not a common data analytics industry. Data analytics is commonly used in industries such as healthcare, retail, finance, and manufacturing.

Multiple choice

What was the primary economic activity in medieval Europe?

  1. Agriculture

  2. Manufacturing

  3. Trade

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

Agriculture was the primary economic activity in medieval Europe, as the majority of the population was engaged in farming.

Multiple choice

What was the primary economic activity in the United States during the 19th century?

  1. Agriculture

  2. Manufacturing

  3. Trade

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

Agriculture was the primary economic activity in the United States during the 19th century, as the majority of the population was engaged in farming.

Multiple choice

What was the primary economic activity in the United States during the 20th century?

  1. Agriculture

  2. Manufacturing

  3. Trade

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

Services became the primary economic activity in the United States during the 20th century, as the economy shifted from a goods-producing to a service-producing economy.

Multiple choice

What is the primary economic activity in the global economy today?

  1. Agriculture

  2. Manufacturing

  3. Trade

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

Services are the primary economic activity in the global economy today, as the majority of the workforce is engaged in service industries.

Multiple choice

Which of the following is a characteristic of tertiary industries?

  1. They produce tangible goods.

  2. They are directly involved in the extraction of natural resources.

  3. They provide services.

  4. They are labor-intensive.
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Tertiary industries are primarily concerned with providing services rather than producing tangible goods or extracting natural resources.

Multiple choice

Which of the following is an example of a tertiary industry?

  1. Agriculture

  2. Manufacturing

  3. Tourism

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

Tourism is a service industry that involves providing services to travelers, such as accommodation, transportation, and entertainment.

Multiple choice

Which of the following is a type of tertiary industry that involves the provision of financial services?

  1. Transportation

  2. Healthcare

  3. Banking

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

Banking is a type of tertiary industry that involves the provision of financial services, such as lending money, accepting deposits, and facilitating payments.

Multiple choice

Which of the following is a type of tertiary industry that involves the provision of educational services?

  1. Retail

  2. Construction

  3. Education

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

Education is a type of tertiary industry that involves the provision of educational services, such as teaching, research, and training.

Multiple choice

Which of the following is a type of tertiary industry that involves the provision of healthcare services?

  1. Manufacturing

  2. Healthcare

  3. Mining

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

Healthcare is a type of tertiary industry that involves the provision of healthcare services, such as medical care, nursing, and dental care.

Multiple choice

Which of the following is a type of tertiary industry that involves the provision of transportation services?

  1. Retail

  2. Transportation

  3. Agriculture

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

Transportation is a type of tertiary industry that involves the provision of transportation services, such as moving people and goods from one place to another.

Multiple choice

Which of the following is a type of tertiary industry that involves the provision of retail services?

  1. Retail

  2. Manufacturing

  3. Mining

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

Retail is a type of tertiary industry that involves the provision of retail services, such as selling goods directly to consumers.

Multiple choice

Which of the following is a type of tertiary industry that involves the provision of construction services?

  1. Construction

  2. Healthcare

  3. Mining

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

Construction is a type of tertiary industry that involves the provision of construction services, such as building, repairing, and maintaining structures.

Multiple choice

Which of the following is a type of tertiary industry that involves the provision of communication services?

  1. Communication

  2. Manufacturing

  3. Mining

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

Communication is a type of tertiary industry that involves the provision of communication services, such as transmitting information through various channels.

Multiple choice

Which of the following is a type of tertiary industry that involves the provision of entertainment services?

  1. Entertainment

  2. Healthcare

  3. Mining

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

Entertainment is a type of tertiary industry that involves the provision of entertainment services, such as movies, music, and sports.