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