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 primary industry that involves the extraction of non-renewable resources?

  1. Agriculture

  2. Forestry

  3. Fishing

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

Mining is a primary industry that involves the extraction of non-renewable resources, such as minerals and fossil fuels.

Multiple choice

Which of the following is a type of primary industry that involves the extraction of renewable resources?

  1. Agriculture

  2. Forestry

  3. Fishing

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

Forestry is a type of primary industry that involves the extraction of renewable resources, such as timber and other forest products.

Multiple choice

Which of the following is not a major sub-sector of India's services sector?

  1. IT and software services

  2. Financial services

  3. Manufacturing

  4. Tourism and hospitality
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Manufacturing is not a sub-sector of India's services sector. It is a part of the industrial sector.

Multiple choice

What are some of the key sub-sectors of India's services sector that have experienced significant growth in recent years?

  1. IT and software services

  2. Financial services

  3. Tourism and hospitality

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

IT and software services, financial services, and tourism and hospitality are some of the key sub-sectors of India's services sector that have experienced significant growth in recent years.

Multiple choice

Which sector is most vulnerable to the economic impacts of climate change?

  1. Agriculture

  2. Manufacturing

  3. Services

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

Agriculture is highly dependent on weather conditions, and climate change is leading to more extreme weather events, such as droughts, floods, and heat waves, which can devastate crops and livestock.

Multiple choice

Which industry is most likely to benefit from having a swimming pool on-site?

  1. Manufacturing

  2. Retail

  3. Healthcare

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

Swimming is a low-impact exercise that is easy on the joints, making it ideal for people with injuries or chronic pain. Healthcare facilities often have swimming pools to help patients with rehabilitation and recovery.

Multiple choice

What is the primary market for Indian woodworking products?

  1. Domestic market

  2. Export market

  3. Both domestic and export markets

  4. None of the above
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Indian woodworking products are sold both in the domestic market and exported to various countries around the world.

Multiple choice

How does the woodworking industry contribute to rural development in India?

  1. By providing employment opportunities in rural areas

  2. By promoting entrepreneurship among rural artisans

  3. By supporting the growth of rural economies

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

The woodworking industry contributes to rural development by providing employment opportunities, promoting entrepreneurship, and supporting the growth of rural economies.

Multiple choice

Which of the following is an example of regional specialization?

  1. A country specializing in coffee production

  2. A region known for its textile industry

  3. A city famous for its financial services

  4. A town known for its skilled craftsmen
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Regional specialization involves countries or regions specializing in the production of certain goods or services based on their unique advantages, such as climate, resources, or skilled labor.

Multiple choice

Which of the following is an example of industrial specialization?

  1. A country specializing in the production of automobiles

  2. A region known for its textile industry

  3. A city famous for its financial services

  4. A town known for its skilled craftsmen
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Industrial specialization involves countries or regions specializing in the production of certain goods or services based on their unique advantages, such as resources, technology, or skilled labor.

Multiple choice

What is the primary economic activity in the Rural-Urban Fringe?

  1. Manufacturing

  2. Mining

  3. Agriculture

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

Agriculture remains a significant economic activity in the Rural-Urban Fringe, although other industries are also present.

Multiple choice

Which of the following is NOT a major infrastructure sector in India?

  1. Transportation

  2. Energy

  3. Telecommunications

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

Agriculture is not considered a major infrastructure sector in India. The major infrastructure sectors are transportation, energy, and telecommunications.

Multiple choice

Which of the following is NOT a major factor that has contributed to the growth of India's infrastructure sector?

  1. Government investment

  2. Private sector investment

  3. Foreign direct investment

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

Technological innovation is not a major factor that has contributed to the growth of India's infrastructure sector. The major factors are government investment, private sector investment, and foreign direct investment.

Multiple choice

Which sector accounts for the largest share of FDI in the Indian retail sector?

  1. Food and grocery

  2. Apparel and footwear

  3. Electronics and appliances

  4. Home and furniture
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The food and grocery sector accounts for the largest share of FDI in the Indian retail sector, followed by apparel and footwear, electronics and appliances, and home and furniture.

Multiple choice

Which sector in India has been most significantly impacted by technological change?

  1. Agriculture

  2. Manufacturing

  3. Services

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

The Information Technology sector in India has experienced the most significant impact of technological change, leading to rapid growth and innovation.