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