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
Which industry was hit hardest by the Great Recession?
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Construction
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Manufacturing
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Retail
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Financial services
A
Correct answer
Explanation
The construction industry was hit hardest by the Great Recession, with employment falling by 2.3 million jobs.
Which economic sector is most vulnerable to automation?
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Manufacturing
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Agriculture
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Services
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Healthcare
A
Correct answer
Explanation
Manufacturing is considered to be the most vulnerable sector to automation due to the increasing adoption of robots and automated machinery.
Which economic sector is expected to experience significant growth in the Future of Work?
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Information Technology
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Healthcare
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Renewable Energy
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All of the above
D
Correct answer
Explanation
Information Technology, Healthcare, and Renewable Energy are sectors expected to experience significant growth in the Future of Work.
What was the main occupation of the people of the Cochin Kingdom?
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Agriculture
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Fishing
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Trade
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Manufacturing
A
Correct answer
Explanation
Agriculture was the main occupation of the people of the Cochin Kingdom.
What are some of the key infrastructure projects that are needed to support the mining industry in India?
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Roads and railways.
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Ports and harbors.
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Power plants and transmission lines.
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Water treatment facilities.
Correct answer
Explanation
The mining industry in India requires a range of infrastructure projects, including roads and railways, ports and harbors, power plants and transmission lines, and water treatment facilities.
What was the main industry in the Kingdom of Bikaner?
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Textiles
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Handicrafts
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Mining
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Agriculture
A
Correct answer
Explanation
Textiles, particularly the production of woolen carpets and shawls, was the main industry in the Kingdom of Bikaner.
Which sectors are prohibited for FDI in India?
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Defense
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Agriculture
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Retail
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Real Estate
A
Correct answer
Explanation
FDI is prohibited in the defense sector in India.
What is the main occupation of the people living in the Deccan Plateau region?
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Agriculture
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Industry
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Services
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Mining
A
Correct answer
Explanation
Agriculture is the main occupation of the people living in the Deccan Plateau region, with over 60% of the population engaged in farming activities.
What was the main source of income for the Kakatiyas?
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Agriculture
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Trade
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Mining
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Taxes
A
Correct answer
Explanation
Agriculture was the main source of income for the Kakatiyas.
Which of the following is an example of a primary economic activity?
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Agriculture
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Mining
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Manufacturing
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Services
B
Correct answer
Explanation
Mining is a primary economic activity because it involves the extraction of natural resources from the earth.
Which of the following is an example of a secondary economic activity?
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Agriculture
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Mining
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Manufacturing
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Services
C
Correct answer
Explanation
Manufacturing is a secondary economic activity because it involves the processing of raw materials into finished goods.
Which of the following is an example of a tertiary economic activity?
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Agriculture
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Mining
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Manufacturing
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Services
D
Correct answer
Explanation
Services are a tertiary economic activity because they involve the provision of intangible goods and services.
Which sector of the Indian economy has benefited the most from globalization?
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Agriculture
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Manufacturing
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Services
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Construction
C
Correct answer
Explanation
The services sector, particularly IT and software services, has been the primary beneficiary of globalization in India, contributing significantly to the country's economic growth and global competitiveness.
What is the primary contribution of tourism and hospitality to GDP?
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Direct Employment
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Indirect Employment
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Induced Employment
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Tax Revenue
A
Correct answer
Explanation
Tourism and hospitality directly contribute to GDP through the employment of individuals in various sectors such as hotels, restaurants, transportation, and attractions.
Which sector of the Indian economy has experienced the most significant growth due to urbanization?
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Agriculture
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Manufacturing
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Services
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Construction
C
Correct answer
Explanation
The service sector in India has grown the most due to urbanization, as it includes industries such as finance, healthcare, education, and tourism.