These case-based questions from Sectors of the Indian Economy are designed to test your understanding and application skills. Regular practice will make you confident, improve your speed and accuracy, and help you score full marks in the board exams.
Case Based Questions
The value of final goods and service produced in each sector during a particular year provides the total production of the sector for that year. And the sum of production in the different sectors gives what is called the Gross Domestic Product (GDP) of a country. It is the value of all final goods and services produced within a country during a particular year. GDP shows how big the
economy is. In India, the mammoth task of measuring GDP is undertaken by a central government ministry. This Ministry, with the help of various government departments of all the Indian states and union territories, collects information relating to total volume of goods and services and their prices and then estimates the GDP.
(i) Identify the factors which provides the total production of the sector during a particular year.
a) Final goods produced in a particular year.
b) Final services provided in a particular year.
c) Both (a) and (b)
d) None of these
Answer: c) Both (a) and (b)
ii) Why do we count the final goods and services to know the total production in each sector?
a) The price of final goods and services are more than that of intermediate goods.
b) The value of final goods already includes the value of all intermediate goods that are used in making the final goods.
c) The final goods and services are produced mainly by small and cottage industries.
d) All of these.
Answer: b) The value of final goods already includes the value of all intermediate goods that are used in making the final goods.
iii) Intermediate goods are used in producing:
a) Final goods and services
b) Raw materials
c) Heavy goods
d) Light goods
Answer: a) Final goods and services
iv) The passage given above relates to which of the following options?
a) Gross Domestic Product
b) Foreign investment
c) Foreign collaboration
d) International competition
Answer: a) Gross Domestic Product
Q.2 Read the information given below and select the correct option.
Kanta works in an office. She attends her office from 9.30 a.m. to 5.30 p.m. She gets her salary regularly at the end of every month. In addition to the salary, she also gets provident fund as per the rules laid
down by the government. She also gets medical and other allowances. Kanta does not go to office on Sundays. This is a paid holiday. When she joined work, she was given an appointment letter stating
all the terms and conditions of work.
Kamal is Kanta’s neighbour. He is a daily wage labourer in a nearby grocery shop. He goes to the shop at
7:30 in the morning and works till 8:00 p.m. in the evening. He gets no other allowances apart from his wages. He is not paid for the days he does not work. He has therefore no leave or paid holidays. Nor was he given any formal letter saying that he has been employed in the shop. He can be asked to leave anytime by his employer.
i) Like Kanta, people who work in the organized sector-
a) do not worry about medical benefits and pensions
b) do not get security of employment
c) do not get overtime
d) are not sure about their paid leaves, medical benefits, etc.
ii) The shop where Kamal works belongs to which sector?
a) Organised
b) Public
c) Unorganised
d) Cooperative
Answer: c) Unorganised
iii) Which change would most directly improve Kamal’s employment security?
a) Longer working hours
b) Written contract with leave and basic benefits
c) Payment only on weekends
d) Cutting wages but giving tips
Answer: b) Written contract with leave and basic benefits
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