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