Sectors of an Indian Economy

The sectors are classified into public and private sector on the basis of :

• Employment conditions

• The nature of economic activities

• Number of workers employed

• Ownership of enterprises

find the odd one out

• teacher

• doctor

• vegetable vendor

• lawyer

which sector has considerably grown in recent years

• primary

• secondary

• teritary

• public sector

MGNREGA was implemented in

• 1990

• 1998

• 2000

• 2005

The service sector includes activities such as:

• agriculture, dairy, fishing and forestry

• making sugar, gur and bricks

• transport, communication and banking

• mining, livestock

4. Choose the correct meaning of organised sector:

• It covers those enterprises where the terms of employment are regular.

• It is outside the control of the government.

• Jobs are not regular.

• It provides low salaries.

Identify the correct answer from the alternatives provided.

Both Tisco and Reliance Industries are owned by :

• The government

• Private company

• A cooperative society

• Jointly by private companies and the govt.

All goods which are used as raw material for further production of other goods or for resale in the same year are called ____________ .

The value of all goods and services produced within a country in a certain year is called its:

• National Product

• Net Domestic Product

• Gross Domestic Product

• None of these

Underemployment is a situation where people:

• do not want to work

• are not paid of their work

• are working in a lazy manner

• are working less than what they are capable of doing