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