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