1.
Which sector of the Indian economy employs the largest number of people?
Correct Answer
A. Primary sector
Explanation
The primary sector of the Indian economy, which includes agriculture, forestry, fishing, and mining, employs the largest number of people. Despite the growing significance of the secondary (manufacturing) and tertiary (services) sectors, a significant portion of India's workforce is still engaged in agriculture and related activities. This is due to the large rural population and the traditional reliance on agriculture as a livelihood in many parts of the country.
2.
Which sector involves activities related to agriculture, mining, fishing, etc.?
Correct Answer
A. Primary sector
Explanation
The primary sector includes activities related to natural resources like farming, mining, fishing, etc. It is the backbone of the Indian economy.
3.
Which sector is responsible for the manufacturing and industrial activities in the Indian economy?
Correct Answer
B. Secondary sector
Explanation
The secondary sector involves manufacturing and industrial activities where raw materials are transformed into finished goods. It includes sectors like manufacturing, construction, electricity, etc.
4.
Which sector is associated with information technology, research, and other knowledge-based services?
Correct Answer
D. Quaternary sector
Explanation
The quaternary sector involves activities related to information technology, research, development, consultancy, etc. It deals with intellectual services and knowledge-based industries.
5.
Which sector contributes the highest share to India's GDP?
Correct Answer
C. Tertiary sector
Explanation
The tertiary sector contributes the highest share to India's GDP, as it includes services, banking, trade, IT, tourism, healthcare, etc., which form a significant part of the economy.
6.
Which sector is known as the 'service' sector?
Correct Answer
C. Tertiary sector
Explanation
The tertiary sector is known as the 'service' sector as it encompasses a wide range of services provided to individuals and businesses in the economy.
7.
Which sector is least dependent on natural resources?
Correct Answer
C. Tertiary sector
Explanation
The tertiary sector is least dependent on natural resources as it mainly focuses on providing services rather than extracting or manufacturing goods from natural resources.
8.
Which sector is responsible for generating employment opportunities for a wide range of skilled and unskilled workers?
Correct Answer
B. Secondary sector
Explanation
The secondary sector, involving manufacturing and industrial activities, generates employment opportunities for both skilled and unskilled workers across various sectors.
9.
Which sector has the highest growth rate in the Indian economy?
Correct Answer
C. Tertiary sector
Explanation
The tertiary sector has consistently shown the highest growth rate in the Indian economy, contributing significantly to the overall development and employment generation.
10.
Which sector is responsible for generating income by selling goods and services?
Correct Answer
C. Tertiary sector
Explanation
The tertiary sector generates income by selling goods and services to individuals, businesses, and other sectors. It plays a crucial role in the economic growth of a country.
11.
Which sector depends heavily on physical capital and machinery for production?
Correct Answer
B. Secondary sector
Explanation
The secondary sector heavily relies on physical capital, machinery, and infrastructure to transform raw materials into finished goods through manufacturing and industrial processes.
12.
Which sector is characterized by low productivity and traditional methods of production?
Correct Answer
A. Primary sector
Explanation
The primary sector, including activities like farming and fishing, is often characterized by low productivity and the use of traditional methods of production, especially in rural areas.
13.
Which sector plays a significant role in the development of infrastructure, transportation, and communication networks?
Correct Answer
B. Secondary sector
Explanation
The secondary sector plays a significant role in the development of infrastructure, transportation, and communication networks by constructing buildings, roads, bridges, manufacturing vehicles, etc.
14.
Which sector is responsible for creating goods and services used for final consumption?
Correct Answer
B. Secondary sector
Explanation
The secondary sector produces goods and services that are used for final consumption by individuals and businesses, including items like clothes, furniture, electronics, etc.
15.
Which sector has the highest share in India's workforce?
Correct Answer
A. Primary sector
Explanation
The primary sector employs the highest share of India's workforce, with agricultural activities employing a significant portion of the population, especially in rural areas.
16.
Which sector of the Indian economy primarily deals with the extraction of raw materials?
Correct Answer
A. Primary sector
Explanation
The primary sector primarily deals with the extraction of raw materials from nature, such as farming, mining, quarrying, fishing, forestry, etc.
17.
Which sector provides financial support to different sectors of the economy and promotes overall economic growth?
Correct Answer
C. Tertiary sector
Explanation
The tertiary sector includes financial institutions, banks, insurance companies, which provide financial support to different sectors and promote overall economic growth.
18.
Which sector is the driving force behind the development of other sectors in the Indian economy?
Correct Answer
B. Secondary sector
Explanation
The secondary sector acts as a driving force behind the development of other sectors by providing necessary raw materials, infrastructure, and finished goods for consumption and production.
19.
Which sector is responsible for the distribution and exchange of goods and services in the economy?
Correct Answer
C. Tertiary sector
Explanation
The tertiary sector is responsible for the distribution and exchange of goods and services in the economy through various channels like wholesale, retail, transportation, trade, etc.
20.
Which sector focuses on the application of innovative ideas, technology, and intellectual services?
Correct Answer
D. Quaternary sector
Explanation
The quaternary sector focuses on the application of innovative ideas, technology, research, and intellectual services, playing a vital role in the development of advanced industries and sectors.
21.
Agriculture is the largest sector in the Indian economy.
Correct Answer
A. True
22.
The primary sector is also known as the agricultural sector.
Correct Answer
A. True
23.
The secondary sector includes activities related to manufacturing.
Correct Answer
A. True
24.
Tertiary sector refers to the service sector in the Indian economy.
Correct Answer
A. True
25.
Quaternary sector includes activities related to information technology.
Correct Answer
A. True
26.
The primary sector accounts for the highest share in employment in India.
Correct Answer
A. True
27.
The secondary sector contributes the most to India's GDP.
Correct Answer
B. False
28.
Unemployment rate is highest in the tertiary sector.
Correct Answer
B. False
29.
The primary sector experiences the highest growth rate in India.
Correct Answer
B. False
30.
The quinary sector includes activities related to education and research.
Correct Answer
A. True