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Sectors of Indian Economy

Total questions: 35

Worksheet time: 19mins

Name
Class
Date
1.

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

a)

Employment conditions

b)

The nature of economic activities

c)

Number of workers employed

d)

Ownership of enterprises

2.

When we produce a good by exploiting natural resources, it is an activity of the:

a)

Secondary sector

b)

Tertiary sector

c)

Primary sector

d)

Organised sector

3.

The service sector includes activities such as:

a)

agriculture, dairy, fishing and forestry

b)

making sugar, gur and bricks

c)

transport, communication and banking

d)

None of these

4.

Choose the correct meaning of organised sector:

a)

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

b)

It is outside the control of the government.

c)

Jobs are not regular.

d)

It provides low salaries.

5.

Government owns most of the assets and provides all the services:

a)

Private Sector

b)

Public Sector

c)

Organised Sector

d)

Tertiary Sector

6.

The value of all final goods and services produced within a country during a particular year is called as:

a)

Gross Domestic Product

b)

Net Domestic Product

c)

National Product

d)

Production of Tertiary Sector

7.

A situation in which more persons are employed on a job than are optimally required is:

a)

Structural unemployment

b)

Disguised unemployment

c)

Cyclical unemployment

d)

Seasonal unemployment

8.

Find the odd one

a)

tourist guide

b)

dhobi

c)

tailor

d)

potter

9.

which sector has considerably grown in recent years

a)

primary

b)

secondary

c)

teritary

d)

public sector

10.

Service is both

a)

tangible

b)

intangible

c)

physical product

d)

both 1 and 2

11.

GDP stands for (a)  

12.

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

a)

Employment conditions

b)

The nature of economic activities

c)

Number of workers employed

d)

Ownership of enterprises

13.

Which of the following is not included in tertiary sector?

a)

ATM

b)

Internet cafe

c)

Industries

d)

All of them

14.

(a)   sector is governed by various laws such as Factories Act, Minimum Wages Act etc.

15.

The motive of Private sector enterprises is:

a)

Profit making

b)

Entertainment

c)

Social welfare and security

d)

None of these

16.

Railway is an example of :

a)

Private Sector

b)

Public Sector

c)

Secondary Sector

d)

None of these

17.

In which sector there is no provision for overtime, paid leave, holidays etc.

a)

Organised sector

b)

Public sector

c)

Unorganised sector

d)

Primary sector

18.

A ________________________ proportion of labourers in India are working in the Unorganised sector.

a)

Large

b)

small

19.

The backbone of Indian Economy is

a)

Industrial Sector

b)

Agricultural Sector

c)

National Income

d)

GDP

20.

India is the seventh largest agricultural _____________ across the globe

a)

Exporter

b)

Importer

c)

Exporter and Importer

d)

None of the above

21.

More than ___ percent population of India ia engaged in agricultural sector

a)

60

b)

70

c)

50

d)

40

22.

_________ replaces the traditional practices of Indian agricultural sector

a)

World War

b)

British Rule

c)

Industrialization

d)

Green Revolution

23.

Which of the following is an example of Primary Industry

a)

Horticulture

b)

Poultry

c)

Extraction of Timber

d)

Cattle Breeding

24.

Which of the following industry is concerned with extraction or drawing out goods from the soil, air or water

a)

Primary Industry

b)

Genetic Industry

c)

Extractive Industry

d)

Service Industry

25.

Which of the following industry refers to those industries which require huge infrastructure, man power and have influx of capital assets

a)

Primary Industry

b)

Genetic Industry

c)

Large Scale Industry

d)

Service Industry

26.

What is the process by which an economy is transformed from primarily agricultural to one based on the manufacturing of goods

a)

Industrialization

b)

Business

c)

Industrial Licensing

d)

FDI

27.

Which of the following brings a rapid increase in the national income of the country

a)

Business growth

b)

Industrial Policy

c)

Industrial growth

d)

Industrial Revolution

28.

MRTP stands for

a)

Monopoly and Restrictive Trade Practices

b)

Monopolies & Respective trade practices

c)

Monopolies & restrictive trade practices

d)

Monopolies & restrictive trade policy

29.

FDI stands for

a)

Foreign Direct Investment

b)

Financial Direct Investment

c)

Foreign Direct Information

d)

None of the above

30.

which of the following involves in its simplest form the buying and selling of agricultural produce

a)

International Marketing

b)

Agricultural Marketing

c)

Marketing Strategy

d)

Green Revolution

31.

_________ occurs when industry is established on a large scale

a)

Privatization

b)

Globalization

c)

Liberalization

d)

Industrialization

32.

The difference between a nations exports and imports is

a)

Balance of Payment

b)

Equilibrium

c)

Balance of Trade

d)

Balance of nation

33.

Like any other commodity, the price of currency depends upon

a)

Demand

b)

Supply

c)

Both

d)

None

34.

"Access by all people at all times to enough food for an active, healthy life " is the definition of

a)

Company Security

b)

Social Security

c)

Customer Security

d)

Food Security

35.

A public distribution shop is also known as

a)

Fair Price Shop (FPS)

b)

Ration Shop

c)

Free Distribution shop

d)

All the above