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Indian Economy II

Total questions: 20

Worksheet time: 7mins

Name
Class
Date
1.

Agriculture, dairy, fishing, and forestry are examples of ________.

a)

tertiary Sector

b)

secondary Sector

c)

primary Sector

d)

none of the above

2.

The ___________covers activities in which natural products are changed into other forms through ways of manufacturing that we associate with industrial activity.

a)

secondary sector

b)

tertiary sector

c)

primary sector

d)

none of the above

3.

Which of the following comes under the tertiary sector?

a)

transport

b)

communication

c)

both (a) & (b)

d)

none of the above

4.

Service sector also includes some essential services that may not directly help in the production of goods. State whether true or false.

a)

true

b)

false

5.

When did The Trade Unions Act, come

into force?

a)

01 April 1927

b)

01 March 1926

c)

01 May 1929

d)

1st June, 1927

6.

Which section of The Trade Unions Act,

1926 deals with Certificate of registration?

a)

Section 12 of The Trade Unions Act, 1926

b)

Section 9 of The Trade Unions Act, 1926

c)

Section 14 of The Trade Unions Act, 1926

d)

Section 20 of The Trade Unions Act, 1926

7.

Section 26 of the The Trade Unions

Act, 1926 deals with_______?

a)

Power to make regulations

b)

Effects of change of name and of

amalgamation.

c)

Amalgamation of Trade Unions

d)

Enforceability of agreements

8.

What option does the central government not include in the development expenditure?

a)

Grants to states

b)

Expenditure on social and community services

c)

Expenditure on economic services

d)

Defence expenditure

9.

Which of the following defines depreciation?

a)

Destruction of a plant in a fire accident

b)

Loss of equipment over time due to wear and tear

c)

Closure of a plant due to labour trouble

d)

Closure of a plant due to lockout

10.

What is the main cause of the export surplus?

a)

The country’s stringent import policy

b)

Developments in national and international markets

c)

The country’s exports promotion value

d)

None of the above

11.

Which of the following statements are true regarding the unorganised sector?

a)

This sector includes a large number of people who are employed on their own doing small jobs.

b)

Employment is not secure.

c)

People can be asked to leave without any reason.

d)

All of the above.

12.

The unorganised sector is characterised by small and scattered units which are largely outside the control of the _______.

a)

employers

b)

private individuals

c)

government

d)

employees

13.

Under NREGA 2005, all those who are able to and are in need of work are guaranteed _______ of employment in a year by the government.

a)

180 days

b)

50 days

c)

200 days

d)

100 days

14.

The National Rural Employment Guarantee Act was passed by the Government of India in __________.

a)

2005

b)

2010

c)

2004

d)

2014

15.

More than half of the workers in the country are working in the primary sector, mainly in _________.

a)

fishing

b)

mining

c)

agriculture

d)

none of the above

16.

Workers in ______________ sector are under-employed.

a)

IT

b)

agricultural

c)

manufacturing

d)

none of the above

17.

The _______ continues to be the largest employer in India.

a)

quaternary sector

b)

tertiary sector

c)

secondary sector

d)

primary sector

18.

If RBI reduces the cash reserve ratio, what will happen to the credit creation?

a)

There will be no impact.

b)

It will decrease.

c)

It will increase.

d)

None of the above

19.

_______ shows how big the economy of a country is.

a)

GSDP

b)

GDP

c)

PPP

d)

None of the above

20.

Which of the following are the central cooperative banks directly associated with?

a)

Central government

b)

Land development banks

c)

State cooperative banks

d)

Farmers