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 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.

Multiple choice

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

  1. Hospitality

  2. Manufacturing

  3. Mining

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

Hospitality is a type of tertiary industry that involves the provision of hospitality services, such as accommodation, food, and beverages.

Multiple choice

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

  1. Information

  2. Healthcare

  3. Mining

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

Information is a type of tertiary industry that involves the provision of information services, such as collecting, processing, and disseminating information.

Multiple choice

Which of the following is a type of tertiary industry that involves the provision of research and development services?

  1. Research and Development

  2. Manufacturing

  3. Mining

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

Research and Development is a type of tertiary industry that involves the provision of research and development services, such as conducting scientific research and developing new technologies.

Multiple choice

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

  1. Professional Services

  2. Healthcare

  3. Mining

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

Professional Services is a type of tertiary industry that involves the provision of professional services, such as legal services, accounting services, and consulting services.

Multiple choice

Which sector is the largest contributor to employment in India?

  1. Agriculture

  2. Manufacturing

  3. Services
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The services sector is the largest contributor to employment in India, accounting for over 50% of the total workforce.

Multiple choice

Which sector is expected to generate the most jobs in India in the coming years?

  1. Manufacturing

  2. Services

  3. Agriculture
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The services sector is expected to generate the most jobs in India in the coming years, due to the growing demand for services such as healthcare, education, and financial services.

Multiple choice

What is the primary economic impact of limestone quarrying?

  1. Generation of revenue for local governments

  2. Creation of jobs

  3. Stimulation of the local economy

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

Limestone quarrying can have a significant economic impact, including the generation of revenue for local governments, the creation of jobs, and the stimulation of the local economy.