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 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 characteristic of the informal sector in India?

  1. It operates within the legal framework.

  2. It is characterized by unregistered businesses.

  3. It is dominated by large corporations.

  4. It is primarily export-oriented.
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The informal sector in India is characterized by unregistered businesses that operate outside the legal framework.

Multiple choice

Which of the following is not a service sector industry?

  1. Manufacturing

  2. Retail

  3. Finance

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

Manufacturing is a goods-producing industry, while retail, finance, and healthcare are service sector industries.

Multiple choice

Which of the following is not a service that can be exported?

  1. Software development

  2. Financial services

  3. Legal services

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

Manufacturing is a goods-producing industry, while software development, financial services, and legal services are all services that can be exported.

Multiple choice

Which sector contributes the highest percentage to India's Gross Domestic Product (GDP)?

  1. Agriculture

  2. Industry

  3. Services

  4. Manufacturing
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

What is the primary source of livelihood for the majority of India's population?

  1. Agriculture

  2. Industry

  3. Services

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

Agriculture is the primary source of livelihood for over 50% of India's population, providing employment and sustenance to a large segment of the workforce.

Multiple choice

Which industry is the largest employer in India?

  1. Agriculture

  2. Manufacturing

  3. Services

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

Agriculture is the largest employer in India, providing employment to over 40% of the workforce.

Multiple choice

Which of the following is an example of a knowledge-based industry?

  1. Manufacturing

  2. Agriculture

  3. Information technology

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

Information technology is an example of a knowledge-based industry due to its reliance on knowledge, innovation, and rapid technological change.

Multiple choice

Which sector employs the majority of women workers 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 of women workers in India, accounting for over 40% of the total female workforce.

Multiple choice

Which industry was the first to emerge as a major industry in India during the British colonial period?

  1. Textile Industry

  2. Iron and Steel Industry

  3. Coal Mining

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

The textile industry, particularly cotton textiles, was the first major industry to develop in India during British rule. It was driven by the demand for Indian cotton in Britain and other European countries.