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 is the second most important industry in India?

  1. Automobile

  2. Textile

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

The automobile industry is the second most important industry in India, contributing over 5% to the country's GDP.

Multiple choice

Which is the third most important industry in India?

  1. Automobile

  2. Textile

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

The textile industry is the third most important industry in India, contributing over 3% to the country's GDP.

Multiple choice

Which is the largest employer in India?

  1. Agriculture

  2. Manufacturing

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

The agriculture sector is the largest employer in India, employing over 50% of the country's workforce.

Multiple choice

Which is the second largest employer 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 second largest employer in India, employing over 30% of the country's workforce.

Multiple choice

Which is the third largest employer in India?

  1. Agriculture

  2. Manufacturing

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

The manufacturing sector is the third largest employer in India, employing over 20% of the country's workforce.

Multiple choice

Which is the most important industry in terms of exports?

  1. Automobile

  2. Textile

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

The information technology industry is the most important industry in terms of exports, contributing over 20% to India's total exports.

Multiple choice

Which is the second most important industry in terms of exports?

  1. Automobile

  2. Textile

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

The automobile industry is the second most important industry in terms of exports, contributing over 15% to India's total exports.

Multiple choice

Which is the third most important industry in terms of exports?

  1. Automobile

  2. Textile

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

The textile industry is the third most important industry in terms of exports, contributing over 10% to India's total exports.

Multiple choice

Which is the most important industry in terms of imports?

  1. Automobile

  2. Textile

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

The automobile industry is the most important industry in terms of imports, contributing over 20% to India's total imports.

Multiple choice

Which is the second most important industry in terms of imports?

  1. Automobile

  2. Textile

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

The textile industry is the second most important industry in terms of imports, contributing over 15% to India's total imports.

Multiple choice

Which is the third most important industry in terms of imports?

  1. Automobile

  2. Textile

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

The information technology industry is the third most important industry in terms of imports, contributing over 10% to India's total imports.

Multiple choice

What is the role of the private sector in addressing poverty in rural areas of India?

  1. Investing in agricultural infrastructure and technology

  2. Providing financial services to farmers and rural businesses

  3. Developing rural markets and supply chains

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

The private sector can play a significant role in addressing poverty in rural areas of India by investing in agricultural infrastructure and technology, providing financial services to farmers and rural businesses, and developing rural markets and supply chains.

Multiple choice

Which sector of the economy is most directly impacted by cultural goods?

  1. Manufacturing

  2. Agriculture

  3. Services

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

The services sector, which includes industries such as tourism, entertainment, and media, is most directly impacted by cultural goods.

Multiple choice

Which sector in India has witnessed significant privatization efforts?

  1. Banking and Financial Services

  2. Telecommunications

  3. Manufacturing

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

The banking and financial services sector in India has undergone substantial privatization, with several public sector banks being privatized to improve their efficiency and competitiveness.

Multiple choice

Which sector in India has experienced significant disinvestment efforts?

  1. Telecommunications

  2. Manufacturing

  3. Infrastructure

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

The telecommunications sector in India has witnessed substantial disinvestment, with the government selling its stake in various public sector telecom companies to private entities.