Welcome to your Sectors of Indian Economy (Quiz) 1. Why are only 'final goods and services' counted in GDP? They represent the largest part of the economy They are the only goods that are produced domestically They include the value of intermediate goods used in production They are easier to measure than intermediate goods None 2. Which sector involves government ownership of assets and services? unorganized sector Public sector Informal sector Private sector None 3. Which of the following is NOT a focus of government spending for human development? Food and nutrition for the poor Safe drinking water Entertainment facilities for the wealthy Housing facilities for the poor None 4. What is used to calculate the total production in each sector? The size of the workforce The physical quantity of goods The value of goods and services The actual number of goods produced None 5. What is the primary reason for the growing importance of the tertiary sector in India? Decline in industrial production Rise in the number of factories Demand for basic services and new services like IT Increase in agricultural production None 6. What is one of the suggested ways to increase employment in rural areas? Encourage migration to cities Promote industries and services in semi-rural areas Limit agricultural activities Increase the number of government jobs None 7. Which sector was most important during the initial stages of development in many now developed countries? Tertiary sector Secondary sector Quaternary sector Primary sector None 8. What problem does Laxmi face as a poor farmer? Overproduction of crops Lack of market access Lack of agricultural knowledge High rates of interest from moneylenders None 9. How does the government support small-scale industries? By imposing high taxes on them By reducing their access to raw materials By making them part of the public sector By supplying electricity at affordable rates None 10. What type of activity is involved in the primary sector? Using natural resources directly Manufacturing goods Banking and finance Providing services None 11. Which of the following statements best distinguishes Kanta's employment in the organised sector from Kamal's employment in the unorganised sector? Kanta's employment is irregular and lacks benefits, while Kamal’s job is secure with a formal appointment letter and various allowances. Both Kanta and Kamal receive the same benefits, including regular salary and paid holidays, but Kamal works longer hours. Kamal's job provides a regular salary and paid holidays, while Kanta's job does not have any allowances or formal appointment letter. Kanta's job offers regular salary, provident fund, medical allowances, and paid holidays, along with a formal appointment letter. In contrast, Kamal's job lacks job security, regular salary, paid holidays, and formal documentation. None 12. What is the name of the law that guarantees 100 days of employment in rural areas? Right to Employment Act Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) 2005 National Employment Scheme Rural Employment Assurance Act None 13. What must people working on their own in the organised sector do? Work without government registration Avoid following any rules Register themselves with the government Work only during specific seasons None 14. Why does the government buy wheat and rice from farmers at a fair price? To export it at a profit To store it for private companies To increase the cost of food for consumers To support farmers and sell it at lower prices through ration shops None 15. Which sector is primarily involved in converting raw materials into finished products? Primary sector Quaternary sector Secondary sector Tertiary sector None 16. What term is used to describe the situation where people are working but not fully employed? Seasonal unemployment Disguised unemployment Structural unemployment Visible unemployment None 17. Which of the following sectors includes a large number of people working on their own? Government sector Corporate sector Organised sector Unorganised sector None 18. Why does the government need to pay attention to the poorest regions in the country? To increase taxes in those areas To promote social and economic development To prevent migration to urban areas To reduce spending in wealthy regions None 19. Why is government support necessary for the unorganised sector workers? To reduce the number of workers in this sector To make workers pay higher taxes To promote the privatisation of the sector To increase job security and provide fair wages None 20. Why hasn't there been a similar shift in employment from the primary sector to secondary and tertiary sectors in India? Not enough jobs created in secondary and tertiary sectors Lack of infrastructure in secondary and tertiary sectors Government policies favor primary sector employment Increased agricultural production requires more workers None 21. What is Gross Domestic Product (GDP)? The total employment in a country during a year The total number of goods produced in the primary sector The total number of goods and services produced within a country during a year The value of all final goods and services produced within a country during a year None 22. Why is the counting of intermediate goods avoided in calculating GDP? To focus only on export-oriented products To simplify the calculation process To exclude imported goods from GDP To avoid double counting the value of goods None 23. The tertiary sector is also known as the: Resource sector Manufacturing sector Service sector Agricultural sector None 24. Which sector, if improved, can provide additional employment to more than 35 lakh people every year? Health Agriculture Tourism Education None 25. What is a key reason for the government to undertake large-scale projects like road construction? To generate profits for private companies To reduce government spending To provide these services at a reasonable cost to everyone To limit public access to these services None 26. Which law ensures that factory workers get facilities like drinking water and a safe working environment? Factories Act Payment of Gratuity Act Shops and Establishments Act Minimum Wages Act None 27. How is the unorganised sector different from the organised sector? Jobs are usually high-paid and regular It follows strict rules and regulations Workers enjoy benefits like paid holidays It is largely outside government control None 28. What is a key characteristic of the organised sector? Irregular payment of wages Informal work processes Regular terms of employment Lack of government registration None 29. Who is responsible for estimating GDP in India? The Reserve Bank of India A central government ministry with the help of state and union territory departments The Ministry of Agriculture The Ministry of Finance None 30. What happens under MGNREGA 2005 if the government fails to provide 100 days of employment? People are given training instead The government pays an unemployment allowance The Act is revoked in that area People are asked to move to urban areas for jobs None Time's upTime is Up!
