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Free download in PDF Sectors of Indian Economy Multiple Choice Questions and Answers for competitive exams. These short objective type questions with answers are very important for Board exams as well as competitive exams. These short solved questions or quizzes are provided by Gkseries.
(1)
Employment figures of a country are based on data collected from 5-yearly survey on employment and unemployment. Which organisation conducts this survey?
[A]
NREGA 2005—National Rural Employment Guarantee Act, 2005
[B]
ILO — International Labour Organisation
[C]
NSSO—National Sample Survey Organisation
[D]
Census of India
Answer: NREGA 2005—National Rural Employment Guarantee Act, 2005
(2)
Which of the following examples does not fall under unorganized sector?
[A]
A handloom weaver working on a loom in her house
[B]
A doctor in a hospital treating a patient
[C]
A farmer irrigating his field
[D]
A daily wage labourer working for a contractor
Answer: A doctor in a hospital treating a patient.
(3)
Which sector has emerged as the largest producing sector in India. Select one from the following alternatives:
[A]
Tertiary sector
[B]
Primary sector
[C]
Secondary sector
[D]
Science and Technology sector
(4)
Where will you find the disguised unemployment most? Select the correct option from those given below:
[A]
Among agricultural workers working for small farm lands
[B]
In big private companies
[C]
Among part-time industrial workers
[D]
In most of the government offices
Answer: Among agricultural workers working for small farm lands
(5)
GDP is the total value of:
[A]
All Final Goods And Services
[B]
All Intermediate Goods And Services
[C]
All Intermediate And Final Goods And Services
[D]
All Goods And Services
Answer: All Final Goods And Services
(6)
Which of the following provision makes NREGA as the Right to Work?
[A]
If the government fails to provide employment, it will give unemployment allowance
[B]
Increase in land productivity has been given the preference
[C]
This Act has been spread to all the districts in the country
[D]
None of these
Answer: If the government fails to provide employment, it will give unemployment allowance
(7)
Which of the following statements is true in respect of Public Sector?
[A]
Government owns the assets
[B]
An individual owns most of the assets
[C]
Big companies own most of the assets
[D]
None of these
Answer: Government owns the assets
(8)
Which of the following was the objective of NREGA 2005 ?
[A]
To control the flow of money from private sector to public sector
[B]
To control the unorganized sector in rural areas
[C]
To provide 100 days employment in a year by the government
[D]
None of these
Answer: To provide 100 days employment in a year by the government.
(9)
Workers enjoy job security in :
[A]
Organised Sector
[B]
Unorganised Sector
[C]
Agriculture Sector
[D]
Private Sector
(10)
Which of the following types of activities are covered in the secondary sector?
[A]
It includes agriculture, forestry and dairy
[B]
It generates services rather than goods
[C]
Goods are produced by exploiting natural resources
[D]
Natural products are changed through manufacturing
Answer: Natural products are changed through manufacturing
(11)
Which Indian state uses biggest quantity of fertilizer in India?
[A]
Karnataka
[B]
Maharashtra
[C]
U.P
[D]
Punjab
(12)
Black revolution is related to the…….
[A]
Crude oil production
[B]
Mustard Production
[C]
Fish production
[D]
Coal production
Answer: Crude oil production
(13)
What percentage of Indian GDP is contributed by the service sector?
[A]
49 % of GDP
[B]
25 % of GDP
[C]
60 % of GDP
[D]
None of these
(14)
Which activity is termed as activity of tertiary sector?
[A]
Construction of a dam
[B]
Mobile production
[C]
Wheat production
[D]
None of these
Answer: Construction of a dam
(15)
Which of the following industry is known as sun rising industry?
[A]
Information Technology
[B]
Health and clinic
[C]
Dairy industry
[D]
None of these
Answer: Information Technology
(16)
GDP stands for Gross Domestic Product. What does it show? Pick up the correct statement given below:
[A]
It shows the total value of trade trans-actions of a country in a particular year
[B]
It shows how big is the economy of a country in a given year in terms of its total output
[C]
It shows what the total product of a country in a given year without counting the country’s total resources
[D]
It shows the number of people involved in production in a particular year
Answer: It shows how big is the economy of a country in a given year in terms of its total output
(17)
Identify the natural product from the list of items given below:
[A]
Cotton
[B]
Tomtao sauce
[C]
Textile
[D]
Wheat flour
(18)
Identify the correct answer from the alternatives provided.
Both Tisco and Reliance Industries are owned by :
[A]
Jointly by private companies and the govt.
[B]
A cooperative society
[C]
The government
[D]
Private company
Answer: A cooperative society
(19)
How do big private companies contribute in the development of a nation?
[A]
By increasing productivity of the country in the manufacturing of industrial goods
[B]
By providing private hospital facilities for the rich
[C]
By increasing the demands for their products through advertisements
[D]
By increasing their profits
Answer: By increasing productivity of the country in the manufacturing of industrial goods
(20)
Which one of the following activities can be included in the primary sector?
[A]
Cultivating sugar cane
[B]
Providing storage facility for the grains
[C]
Giving loans to the farmer
[D]
Making Sugar from sugar cane
Answer: Cultivating sugar cane
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