Economic Sectors Quiz

In the question given below, there are two statements marked as Assertion (A) and Reason (R). Read the statements and select the correct option: Assertion : Workers in the agricultural sector are underemployed. Reason : Everyone is working, none remains idle, but in actual fact, their labour effort gets multiplied.

• Both A and R are true and R is the correct explanation of A.

• Both A and R are true but R is not the correct explanation of A.

• A is wrong but R is correct

• A is correct but R is wrong

Assertion: When we produce a good by exploiting natural resources, it is an activity of the primary sector. Reason: It forms the base for all other products that we subsequently, make.

• Both A and R are true and R is the correct explanation of A

• Both A and R are true but R is not the correct explanation of A

• A is true but R is false

• A is false but R is true

Assertion: In recent times, certain new services based on information technology such as internet cafe, ATM booths, call centres, software companies etc have become important. Reason: The tertiary sector helps in the development of the primary and secondary sectors.

• Both A and R are true and R is the correct explanation of A

• Both A and R are true but R is not the correct explanation of A

• A is true but R is false

• A is false but R is true

Read the following statements carefully and choose the correct alternatives given below: Statement 1: In India, the mammoth task of measuring GDP is undertaken by an NSSO. Statement 2: The Ministry, with the help of various government departments of all the Indian states and union territories, collects information relating to the total volume of goods and services and their prices and then estimates the GDP.

• Both the statements are true.

• Both the statements are false.

• Statement 1 is true and Statement 2 is false

• Statement 2 is true and Statement 1 is false

According to the graph can you say which sector has grown the most over forty years? Why? Choose the suitable option given:

• Tertiary sector because of IT, and development of secondary sector

• Tertiary Sector because of basic services, IT, Increase in income and development of primary and secondary sector

• Secondary sector because of basic services, IT, Increase in income and development of primary and Tertiary sector

• Primary sector because of development of tertiary and secondary sector

What is the difference between 1973-74 and 2013-14 in the share of the Tertiary sector towards GDP? ( On an approx)

• 15%

• 10%

• 19%

• 25%

According to the graph, what is the difference in the percentage of employment in the primary sector between 1973-74 to 2013-14. (On an approx)

• 30%

• 15%

• 19%

• 25%

According to the graph why primary sector continues to be the larger employer?

• It is because enough of job opportunities were created in the primary sector

• It is because the primary sector contribution towards GDP was very high.

• It is because people do not want to migrate to urban area.

• It is because not enough jobs were created in the secondary and tertiary sectors.

Read the following statements carefully and choose the correct alternatives given below: Statement 1: While production in the service sector rose by 14 times, employment in the service sector rose around five times. Statement 2: The secondary and tertiary sectors produce four-fifths of the product whereas they employ less than half the people.

• Both the statements are true.

• Both the statements are false.

• Statement 1 is true and Statement 2 is false

• Statement 2 is true and Statement 1 is false

Ramesh owns a medical shop. He managed the shop with the help of an assistant. Once his son Mahesh finished his education, he also joined his father in the medical shop. Now both Ramesh and Mahesh managed the medical shop with the help of the assistant. Mahesh is ____________________

• Unemployed

• Underemployed

• Over employed

• employed.