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

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

What is the main obstacle to improving transportation and communication infrastructure in rural areas?

  1. Geographical remoteness

  2. Lack of financial resources

  3. Technical challenges

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

Improving transportation and communication infrastructure in rural areas faces several obstacles, including geographical remoteness, lack of financial resources, technical challenges, and bureaucratic hurdles. These factors make it difficult to provide reliable and affordable transportation and communication services to rural communities.

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.

Multiple choice

Which sector of the Indian economy experienced significant growth during World War I?

  1. Agriculture

  2. Manufacturing

  3. Services

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

During World War I, the manufacturing sector in India experienced significant growth due to increased demand for war-related goods and the disruption of international trade.

Multiple choice

Which industry was the primary focus of the First Five-Year Plan (1951-1956)?

  1. Textile Industry

  2. Steel Industry

  3. Automobile Industry

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

The First Five-Year Plan prioritized the development of the steel industry, recognizing its importance as a foundation for industrialization and economic growth.

Multiple choice

Which industry emerged as a major contributor to India's economic growth in the post-independence era?

  1. Textile Industry

  2. Automobile Industry

  3. Information Technology Industry

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

The Information Technology (IT) industry has become a significant contributor to India's economic growth in recent decades, driven by factors such as skilled labor, cost-effectiveness, and global demand for IT services.

Multiple choice

Which sector of the Indian economy has been a major driver of employment generation in recent years?

  1. Agriculture

  2. Manufacturing

  3. Services

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

The services sector, particularly IT, financial services, and tourism, has been a significant contributor to employment generation in India in recent years.

Multiple choice

Which industry has been a major beneficiary of the Make in India initiative?

  1. Automobile Industry

  2. Textile Industry

  3. Pharmaceutical Industry

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

The automobile industry has been a major beneficiary of the Make in India initiative, with increased investments and production of vehicles in India.